*USDJPY to retain bearish bias on fading deal hopes
*Look for resistance at 50D-EMA, 107.4
*Negative relationship to rising implied volatility could be telling
Ahead of US-China trade talks set to resume
October 10-11 we look at how price action in USDJPY might play out to the most likely outcomes seen across the negotiations. A deeper analysis of how upcoming talks could play out and potential reactions is captured in our
"US-China Playbook, Where To From Here?" piece posted earlier in the week.