USDJPY a bit choppy but still traded above 150.000 key level.

Despite USDJPY chopping around the 149.000 key level, the pair has already traded back above 150.000 key level as highlighted in our earlier post yesterday. Retail sales was the key driver of volatility today. The dollar strength persisted sending the pair higher. The pair now looks forward to clear 150.500 level before the daily candle closes.