Looking for a push from Retail Sales perhaps?
The USDJPY is trading between a lower trend line and the 200 hour MA below (green line in the chart below at 122,397) and a trend lined and the 100 hour MA above (blue line in the chart below at 1.2298). It looks like a pair that wants to break out of the ties that bind it currently, but will need help from the data. Retail sales are expected to rise by 0.3%. PPI and Miichigan confidence is also out.
