USDJPY trades above final week's excessive

The USDJPY is extending to a brand new session excessive after testing is 61.eight% retracement earlier within the day at 153.397 and discovering prepared consumers.

The market to the upside has now taken the value to a excessive of 154.75. That has prolonged above the excessive value from final week at 154.704. The consumers are making a play.

The swing excessive going again to July 30 got here in at 155.21, and that turns into the subsequent key goal on the topside for the pair.

This text was written by Emma Wang at www.ubaidahsan.com.



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