Sort of follow the weak dollar trade
The USDJPY has been chopping around with a slight negative bias today. The high price in the Asian Pacific session stayed below the 38.2% retracement and the high from yesterday’s NA session at the 112.67-69 area (the high reached 112.65). The low reached in the current hourly bar extended the range to 1.1210. The low yesterday stalled at 112.00.