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USD/JPY hits a new session low at 145.17

The dollar is under fresh pressure versus the Yen right now and that has just this minute delivered a fresh low on the session, as it dips below the previous low at 145.21. The move lower has not extended very far yet, but it is indicative of the pressure on the dollar index right now and the push above 1.08 in the EUR/USD. The next level of note on that pair remains as it was earlier and is the current 200 day moving average, in place still at 1.0825. Turning back to the USD/JPY we have support at the 145 handle itself and then the low seen yesterday at 144.78, if that 145 level does not cap any further downside from here on. The USD/JPY has just rebounded though, from a fresh session low at 145.17. It is currently trading at 145.25

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