USD/JPY edged higher in latest intraday trading while trying to recoup some recent losses, as the price also tried to vent off oversold saturation in the Stochastic with positive signals emerging from it.

 

It comes as the price settles below the pivotal support of 146.65 that was breached yesterday, while hurt by exiting an ascending correctional price channel previously, with the dominance of the main downward trend.