USD/JPY seesawed between tepid gains/minor losses through the early European session.
The intraday bias seems tilted in favour of bullish traders, albeit warrant some caution.
A convincing break below the 106.65-60 support will confirm a fresh bearish breakdown.
The USD/JPY pair lacked any firm directional bias on Thursday and remained confined in a narrow trading band, above the 107.00 mark through the early European session. The upbeat market mood undermined the safe-haven Japanese yen and extended some support, albeit sustained US dollar selling kept a lid on any meaningful positive move