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USD/JPY sellers alleviate upside pressure

The 30-min. oscillator has build a plateau above the 70% level for more than 10 hours and has just abandoned overbought territory with the recent 30-min. close.

Japan Industrial Production (MoM) below expectations (0.8%) in July: Actual (0%)

Japan Industrial Production (MoM) below expectations (0.8%) in July: Actual (0%)
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NZD/USD: recovery towards 0.7250 ahead of key data

NZD/USD is currently making a recovery towards the mid point of the 0.72 handle ahead of key NZ business confidence (ANZ) today.
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