USDJPY extends to new 7 month highs. Above 104.12/103.94 support.

The USDJPY made some good progress higher last week as the pair trended. The catalyst was the break above the topside trend line, The 50% of the years trading range at 103.08 , the 61.8% of the same range and topside trend line resistance were also broken. The price action on Friday was back and…

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USDJPY extends to new 7 month highs. Above 104.12/103.94 support.

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