USD/JPY sellers try to make a piece to start European trade

The couple have been pushing and pushing on December 148.63 for some time, but this could be the breakthrough that the sellers are looking for. With S&P 500 -Futures, the overall risk atmosphere has now fallen by 0.5% at the depths of the day, and we also have some positive news that leads to Japan's spring wage negotiations here.

All of this contributes to the potential technical break and could see that the downward dynam is collecting the pace in the upcoming meetings.

In addition to the December low mentioned above, USD/JPY is currently taking a break below the current 100-week moving average of 148.67. This is another important shifting of the swing that sellers prefer and one that can be seen tomorrow before the end.

The last time that the couple was really traded below the sliding 100-week average was September last year, but the disadvantage was then defended in addition to a turnaround in the dollar mood before the US elections during the US elections during trade in October.