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USD/JPY chart - Trading View
USD/JPY has erased early gains and was trading largely muted at 107.36 at around 07:17 GMT.
The pair bounced off lower Bollinger band support and is extending grind higher for the 3rd straight session.
Major and minor trend are neutral with a slight bearish bias. Upside resumption with change in near-term trend only above 200-DMA.
Break below daily cloud will see downside resumption. Weakness till 61.8% Fib at 105.20 then likely.
Major Support - 106.44 (cloud base)
Major Resistance - 108.41 (200-DMA)
