The sellers remain more in control but some stall (for now at least)
The USDJPY remains above the 107.00 natural support level and a trend line around the same level (see earlier day post HERE). The price has moved to a low of 107.01 so far. A move below would open the door for more selling.
On the topside a downward sloping trend line comes in at 107.48. That line has been tested a few times. So a move above should be give buyers come confidence for further upside probing from a technical perspective.
