Interesting moves in the usd market late in the Asia session today, it doesn't seem to be driven by any fundamental releases or news events. I was long on eurusd in expectation of a move higher, however I closed that in order to have margin to short usdjpy. I do not believe usdjpy can break above 105 without Yellen indicating imminent rate hikes or the BoJ indicating additional stimulus as incoming. Most timeframes are showing usdjpy as overbought based on the RSI indicators, and the Japanese wa…