Yesterday, the US dollar/Japanese yen pair collapsed, while the greenback gained in value against almost all major currencies. Something in the political arena happened. However, the US dollar's upward movement was short-term. In the previous trading session, the dollar/yen pair managed to reach only 104.60. Then buyers took the lead again and were able to lower the price to the level of 104.40. According to the indicators on the hourly chart, the situation has barely changed. Most of the indicators show that sellers still have the advantage. I suppose that today the pair will resume its downward movement as bears have every chance of dragging the price down to the area of 104.00. Today's macroeconomic calendar is bereft of any important releases. Only some statistics on the US economy are set to be published later. However, this news will hardly have a severe impact on market sentiment. Therefore, I expect the dollar/yen pair to go down to the level of 104.00.