After falling from the second high of the uptrend on Wednesday, the September Japanese yen futures start a tad higher in the US. It had climbed to a 15-year high last Tuesday. The short-term outlook is sideways. The medium-term outlook is bullish.

Immediate resistance is at 110.96. Tuesday' s high is 119.55 and the top of the uptrend is 119.66. Distant resistance is at 120.57. Initial support is at 118.38. The next floors are 118.03 and 117.65. The 21-day moving average follows at 117.38. Monday' s low is 116.41.