USD / JPY Deviates From Previous Lows 104.20-104.72
The slight upside boost comes as the Dollar is also seen to hold its position somewhat on the session, with EUR / USD falling from 1.1900 to 1.1850 levels currently.
So far the dollar is gaining ground on the session as we also see the AUD / USD reduce gains in a fall from 0.7225 to 0.7195 while the NZD / USD is now down 0, 3% at 0.6680 – actually hitting session lows.
Returning to the USD / JPY, the upside boost is not yet much as sellers are still keeping short-term control of the pair with the 100-hour moving average seen only at 105.08. Stay below that and sellers will continue with the pair’s more short-term bearish bias.