USD/JPY: U.S. dollar attempts to stay above 108.220

The U.S. dollar managed to bounce at 108.00, as indicated in my previous post and reached the two estimated target at 108.220 and 108.330 before retreating to 108.162 Friday's trades. The U.S. dollar pushed back up to 108.220 in this morning's session and still holds around 108.220 at the time of reporting. The U.S. dollar needs to remain above 108.220 to head back up to 108.330 and 108.450. Support is at 108.080 and 107.960