The Japanese currency managed some gains overnight on stop-loss selling and despite a fall in the Nikkei. USD/JPY dropped from 119.85 to 118.64 at the lowest. Yet the main bias is still skewed to the upside. Minor resistance is at yesterday?s high of 119.95 before last week?s high of 120.25. USD/JPY currently trades at 118.80 and EUR/JPY at 115.84.// www.idealforex.sg-ib.com