Yen

No real solid set ups this morning so the best I can offer is the USDJPY hourly above. Watch for a break & close below the two moving averages for possible dollar selling. We already have the sell signal so now looking for further confirmation. Trendwatch is bearish but the moving averages could be the key here.

Should we find weakness on this pair then also look for possible strength on the EURUSD and GBPUSD at the same time.

As per usual and I am sure I do not need to mention this but please always do your own analysis prior to opening any positions.

Dont forget GDP 1.30