The USD/JPY pair is trending down as discussions about BOJ rate adjustments continue.

    by VT Markets
    /
    Sep 9, 2025
    **USD/JPY Resilience** Since July, the USD/JPY has been bouncing around between its 100 and 200-day moving averages. It briefly went above 150.00 at the end of July, showing that trading has been fairly consistent over the past few months. **Market Strategy** We need to keep a close eye on the 100-day moving average at 145.90. If it drops below this level, we could see a quick decline. In 2022 and 2023, Japanese officials have taken action in this range, leading to sudden and sharp price changes. This history suggests that it’s safer to use options to manage risk instead of trading in the spot FX market directly. In the coming weeks, buying put options with strike prices below 145.90 seems like a smart move if we anticipate a breakdown. This approach allows for limited risk if the price unexpectedly rises. Additionally, a bear put spread could be a good choice, as it would reduce initial costs while aiming for a move towards the 144.00 level. Create your live VT Markets account and start trading now.

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