Sideways NY market, seeing a little more buying
The USDJPY has just moved above the 100 and 200 hour MAs (blue and green lines) and in the process, moved to a new day high. The MAs come in at 111.156 and 111.179. The 61.8% of the ranged last week, is the next target at 111.225. Above that and the underside of a broken trend line comes in at 111.35 (and moving higher).
The range for the day is still a narrow 36 pips. The average over the last 22 days (month of trading) is 65 pips.