USD/JPY drops 1.4% to 154.06, breaks key 155 support as yen surges
USD/JPY fell approximately 1.4% to 154.06 during London trading on September 7. The pair broke below the key support level at 155 as the Japanese yen surged to its highest level since February. The source does not detail the drivers behind the move. The break below 155 is the key technical development, marking a notable shift after the yen's climb to its strongest level in roughly seven months. The source reports no additional support or resistance levels. For traders, a sustained move below 155 signals strengthening yen momentum and keeps the near-term bias for USD/JPY tilted to the downside. Price action around the broken 155 level is worth watching to judge whether the breakdown holds.
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