The Dollar/Yen is still trading within a tight range around the ¥104 level despite falling US Treasury yields with technical indicators favoring a bearish direction on the daily chart, as the pair settles below the 50-Day SMA, with 103.60 and 103.35 as next key support levels.
Support: 103.60 / 103.35
Resistance: 103.85 / 104.05
