USD/JPY under pressure
USD/JPY has come under a renewed selling pressure, having touched 97.15 as of writing. The pair is testing the levels below the 200-day MA (97.26).
Buy orders are concentrated in the 97.20/97.00 area. Slide below 97.00 could open the way for a deeper drop. Next support lies at 96.50.
Chart. H4 USD/JPY