The Greenback is trying to retake the 110.00 handle against the Yen. Thursday’s slip for the USD fueled by Treasury yields declining sees the DXY down across the board. The USD/JPY pair is reaching upwards in early Asia trading for Friday, testing back into the 110.00 handle. The Greenback retreated across the broader fx market on Thursday, sending the USD lower against the Japanese Yen. US Treasury yields also declined in the Thursday US session, further driving the Greenback down, as US markets recoiled following a US Supreme Court decision that makes companies collect taxes on online sales. The USD/JPY pair fell into a low of 109.83 after Thursday’s sell-off was over, and the pair is trying to find a bullish foothold and climb back over the key 110.00 level after falling below the key level in yesterday’s decline. Japan’s National CPI figures came in as expected, with Core CPI coming in at 0.7%, matching both expectations and the previous reading, while the headline CPI figure came in at 0.7%, versus the expected 0.3%, and the ‘core-core- CPI for Japan printed at 0.3%, in-line with expectations. USD/JPY levels to watch The pair is looking for higher ground, but downside pressure remains, and as FXStreet’s own Valeria Bednarik noted, “as in the 4 hours chart, the pair is battling with converging 100 and 200 SMA, while technical indicators turned sharply lower, the Momentum currently pressuring its mid-line but the RSI indicator already at 40. A slide below 109.55, the immediate support, should lead to a test of 109.20, a critical support now, as below it bulls will likely give up resulting in a steeper decline ahead.” Support levels: 109.55 109.20 108.80 Resistance levels: 110.15 110.45 110.90 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Japan’s ruling party to hold leadership vote in September – Japan Press FX Street 5 years The Greenback is trying to retake the 110.00 handle against the Yen. Thursday's slip for the USD fueled by Treasury yields declining sees the DXY down across the board. The USD/JPY pair is reaching upwards in early Asia trading for Friday, testing back into the 110.00 handle. The Greenback retreated across the broader fx market on Thursday, sending the USD lower against the Japanese Yen. US Treasury yields also declined in the Thursday US session, further driving the Greenback down, as US markets recoiled following a US Supreme Court decision that makes companies collect taxes on online sales. The USD/JPY… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.