The Dollar/Yen remains in a consolidation for the 8th consecutive day as the Yen lost some ground yesterday on the back of the risk-on action in the Japanese equities but investors remain wary over the Hong Kong issue. The US Dollar met sellers ahead of the 108 figure, while the market´s sentiment fluctuated between hopes and fears as US-China tensions keep escalating. The bulls need to break above the 108 resistance level to gather further momentum to the upside.
Support: 107.35 / 107
Resistance: 108 / 108.35
