General USD supply sees USDJPY posting new session lows 23 Jan

It's been a soggy start to the weak for the greenback and USDJPY has needed little excuse to head lower.

After flirting with 113.40-50 we've now been down to 113.36 with the Nikkei 225 -1.25% as we head into the close.

Expect more demand into 113.20 with larger interest between 112.8-113.00. Offers/res now around 113.65 then 113.80-114.00

I remain a rally seller on this pair.