The buck is hitting new lows against the yen as it trades down to 119.20
A spirited fightback to 119.55 quickly ran out of legs and we've tumbled back down to the low 20's
There's support right on the 119.20 level here, and no doubt at 119.00. Under there it's the old 118.75/80 level that's been another character in the recent range play
USDJPY H1 chart
Dollar bulls have picked themselves up time and time again from Fed and data disappointment. They won't be worried about all this unless they see the lower bounds of the range break
