105.00 trades again in USD/JPY as the US come roaring back from a day off.

The pound has another look at the lows around 1.6520 and the aussie is feeling some pressure as it trades to a new low at 0.9276.

With the ISM as the biggest data point today any dollar dip buyers would be hoping for a nice stinky report to buy into, if it presents a decent enough fall.

It’s hard to see it slumping to any large degree but a break of 104.75/80 may see a few stops hit. 104.35/40 would be a likely spot to start grabbing some longs.

USD/JPY M15 chart 02 09 2014

USD/JPY M15 chart 02 09 2014