USD/JPY bears are in control from a daily basis while below 113.20 but are stalling in what could be hourly accumulation. |
USD/JPY is trading under the 113.00 mark during early Asian session hours on Wednesday. |
On Monday, the decline of the USD/JPY currency pair reached below the support of the 113.00 mark |
The USD/JPY pair maintained its offered tone through the mid-European session and was seen trading around the 112.90-85 |
USD/JPY extends the decline from the start of the week as the 10-Year US Treasury yield sits near the monthly low (1.44%) |
USD/JPY is pressuring monthly lows below the 113.00 levels, as bears remain in control amid the risk-off mood |