USDJPY reaches the ascending long term trendline at 109.250 in the past hour. This level is already been tested on May 10, 2019 and surged to 110.500 but failed to break through . U.S. President Donald Trump said on Monday that Washington was not ready to make a deal with China yet.The surge in risk aversion has spurred demand for U.S. Treasuries, sending yields on 10-year Treasuries to their lowest levels since September 2017. Bond yields fall as prices increase. In the last few hours, USDJPY surges back retesting the ascending as concerns over heightened trade tensions between the U.S. and China prompted investors to seek refuge in safe haven assets. Bulls have a good position to enter into the market with minimum risk reward ratio en route reaching 110.500. Breaking the trendline below 109.250, would push the bears to 108.800 and further to 108.200.

USDJPY TODAY:
Daily open: 109.372
Daily Last high:109.436
Daily Last Low: 109.149
Daily current growth: +0.02%