USDJPY now down through 113.80
The buck is starting to wilt again and USDJPY has pushed through 113.80 to 113.74. Yen pairs are following by ticking back down, though they don't look to be leading.
If we do start to see something more substantial, 113.30 is the area I'd watch and then an approach on 113.00.
USDJPY H4 chart
113.80/85 will be key for this drop if it produces resistance. Maybe we're back to following US bonds as 10's have dropped to 2.40% now.
The euro is taking advantage of this move as it runs up to 1.0870. 1.0880 is a recent S&R level so bear that in mind. Support should strengthen again around 1.0850.
