USD/JPY grabs a bid
USD/JPY has quietly put a together a nice intraday uptrend despite a choppy day for risk trades. The pair climbed above 109.50 from a low of 108.82 early in Asian trading. That's a solid win for a trade that has really struggled.
A bit of resistance at 109.57 is holding so far but if that breaks, expect a continued bid up to 109.82.