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USD/JPY runs stops below 120; 100-DMA & Cloud base at 119.34 key

Tuesday, May 5, 2015 3:31 PM UTC

Broad pullback in USD despite strong ISM Non-Mfg & Treasury yield rise
N225 futures retesting Friday's lows, weighing on USD/JPY
Daily Kijun intact so far at 119.67, as Overbought Slow Stochs are trimmed
Stops run below overnight & Mon lows by 120, as well as Cloud top at 119.98
US stocks also heavy, reducing some of the USD appeal
100-DMA & Cloud base at 119.34 key

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USD/JPY runs stops below 120; 100-DMA & Cloud base at 119.34 key

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