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USD/JPY extends falls towards 148 closer to technical support levels

The USD/JPY has fallen further since my last update not that long ago. The dollar has now dropped very close to the 148 handle and as they further fall unfolds I am drawing your attention to the the next support levels of note. The first is at 147,82 and it is the 50 day moving average. Just below that, at 147.66 comes the 100 day moving average and as things currently stand, both of those are very much ion the radar right now, The low seen so far has been set at 148.02. The USD/JPY is currently trading at 148.08 

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