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USD/JPY off highs, fresh Nikkei weakness

Tuesday, March 10, 2015 5:01 AM UTC

USD/JPY down from 122.04 in early afternoon as Nikkei moves down.
Profit-taking by longs seen, bids return in 121.70-80 window.
Nikkei weighs on sentiment, moving lower, currently off 130 pts, 0.7%.
Absence of fresh, large buy-side flows, high seen.
Technical support at 121.58 hourly Ichi tenkan, 121.34 hourly kijun.

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USD/JPY off highs, fresh Nikkei weakness

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