There’s chatter about USD/JPY sellers as the pair continues to climb higher. Last at 118.28.

USD/JPY is up a full cent from the post-ECB low of 117.25, in part as risk assets make a move higher. There is chatter about sellers at 118.50.

I’m finding it a bit tough to get excited about the USD/JPY chart at the moment. It’s right in the middle of the two-month range.

USDJPY daily chart

USD/JPY daily chart