USDJPY looking soft
120.04 is the latest low following the 120.01 low seen earlier. European stocks sit near the lows and US stock futures aren't looking too hot this morning either
It's keeping dollar yen under pressure and also keeping the yen bid in the crosses
If we go through 120 then support may come in along the Feb 2015 support line currently at 119.82
USDJPY H4 chart
Under there 119.60/65 has played S&R on many occasions but eyes will be on the bottom of the tech pattern we're all watching at 119.30
The yen crosses look to be leading the majors as well with bot GBPUSD and EURUSD following
AUDUSD is under the cosh too as it has a look at 0.7000 and heavy AUDJPY selling is being fingered for the move