USDJPY sellers on rallies

Itdoesnt look like the sellers are going to give up that easily.USDJPY only managed to trade just above 90.60 before sellers emerged again to push it back down. The move has taken EURJPY down with it, as EURUSD sellers still weigh on the cross.

As mentioned earlier, 90.00-20 is the support area for USDJPY, where good size bids have been reported. EURJPY support lies at 131.00, under that and its back to the 200 day MA at 129.00.