Bear pressure creeping into the $Y

Short

U.S. Dollar / Japanese Yen (FX_IDC:USDJPY)

Updated

FX_IDC:USDJPY U.S. Dollar / Japanese Yen

Bears seem to be wrestling with the bulls here. Support violated yesterday. TL Resistance maybe respected. Let's see what happens. ADP release in the couple of hours so anything can happen.

Comment:

news is pushing $Y higher albeit not as high as the bulls would expect. Price getting above 113.95 negates this view.

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