USDJPY below 112.00 EURUSD and cable take off

Consumer confidence at the highest since 2001 is of no comfort to the dollar right now. Confidence may be high but it needs to do more in dollars and cents in the economy.

USDJPY has just fallen under 112.00 to 111.83 and both the euro and pound have suddenly woken up.

EURUSD & GBPUSD 15m charts

The respective highs are the target for those two.

USDJPY has support next at 111.60/65.

USDJPY H4 chart