USD/JPY down move could be exhausted

USD/JPY opened yesterday on the lower edge after a previous falling session, but rallied and closed well above the prior session's close.

This price action has left a piercing line on the chart that let bears second-guess their positions. Such a pattern may be some cause for optimism when it appears at a support level.

United Kingdom CFTC GBP NC net positions declined to £-29.5K from previous £-26.2K

United Kingdom CFTC GBP NC net positions declined to £-29.5K from previous £-26.2K
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