USD/JPY chart - Trading View
USD/JPY was trading 0.08% higher on the day at 106.84 at around 05:15 GMT, extending gains for the 7th straight session.
S&P 500 futures turn negative amid risk-off, boosting support for the greenback. US dollar is drawing haven bids, pushing USD/JPY higher.
Technical analysis support upside. GMMA indicator shows major and minor trend in the pair are bullish.
The pair has hit new 8-month highs at 106.92 and is on track to test 107.15 levels (nearly converged 110W EMA and 50% Fib retracement).
A light data calendar will keep risk catalysts in the spotlight. Traders look for any positive signs relating to stimulus and vaccines for further boost.
