USD/JPY outlook: Break back above 100.00 has bulls in control again
- Technical close back above 100.00 argues for a full retracement to 103.75.
- Mild risk-off sentiment could weigh but market doesn’t care, it wants to buy the greenback.
- AUD/JPY and EUR/JPY looking stronger by the day, more arguments for a higher USD/JPY.
- Next sell orders of note reported at 101.25.