Trend line broken at 109.23

The USDJPY tumbled lower after the US/N. Korean headlines and in the process moved below a lower trend line at 109.23. The low from May 11 at 109.15 was taken out as well.

If the price can stay below the 109.23, the pair would target other swing lows from May.

Stocks are seeing some stabilization. The S&P is at 2720 after falling to a low of 2715.

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