USDJPY - Was peaking, Now dipping!

-Trader confidence has fallen since the Federal Reserve surprised markets last week by being unexpectedly hawkish.

-That has boosted the US Dollar all round and, while it is now off its highs, it continues to look firm against the Japanese Yen.

-There is a warning signal though from retail trader positioning data, which are sending out a contrarian bearish signal on USD/JPY.