USD/JPY: Return Of Risk-Off Flows Encapsulates The Pair

The micro trend in US yields is causing JPY demand to make its way back.
The sharp sell-off in US equities on Tuesday has firmed up prognosis of value selling strength.
The DXY strength keeps demand on weakness but alone unlikely to sustain the bull trend.
A resolution of the tight range critical to stimulating next directional flows.
The overall technical outlook remains positive as per higher highs prior to current acceptance.