USD/JPY nears the best levels of the day
The high for the day in USD/JPY came just as US equity markets were opening. That suggests some kind of flow-driven bid.
Whatever the reason, USD/JPY is back near those levels at 109.45.
The peak was 109.65, so there is still a bit of work to do but if stock markets can post a strong finish, then the top side is vulnerable.
