The Japanese Yen (JPY) reverses a part of the previous day's slide against a broadly weaker US Dollar (USD), though it remains below a nearly three-month high, touched on Tuesday. The JPY bulls, however, seem hesitant amid concerns about Japan's fiscal health on the back of Prime Minister Sanae Takaichi's aggressive spending and tax cut plans. Furthermore, political uncertainty ahead of a snap election on February 8 and a generally positive risk tone contribute to capping gains for the safe-haven JPY. This assists the USD/JPY pair to trade with modest intraday losses, around the 153.00 mark, during the Asian session on Thursday. USD/JPY bears have the upper hand while below 100-day SMA support breakpointThe overnight failure to find acceptance above the 154.00 mark and rejection near the 100-day Simple Moving Average (SMA) favors the USD/JPY bears.