North American session high
For what it is worth, the support below in the USDJPY held support and the trend line that has confined the topside over the last few days have given way. It is step 2 in a corrective recovery (the first being that support held at the low, but there is more to go.
More specifically, the 38.2% is ahead at 106.878. The 100 hour MA is at 107.035 and moving lower. That MA is more important for the buyers (look for sellers on the first look just because it is there). The price has been below the 100 hour MA since June 1.
