USD/JPY continued to fall on Monday as the Dollar got sold off against most currencies around the world. The pair is coming upon massive support though, and as a result we are very interested in the 80 level in this market. With this in mind, we are looking at several factors at one time.
The EUR/USD pair shot straight up during the session as the 1.30 level held as support yet again. With this being said - selling is still the way to go in this pair.