USD/JPY Hits the 2010-High; What’s Next, 100?

Breakout extension: In the previous update on USD/JPY, I noted a flag consolidation breakout to the upside, as seen in the 1H chart. At that point pressure was on the 94.50 highs and the 95.00, 2010-high. Today (3/7), this bullish scenario came to fruition and the USD/JPY is trading at the 2010-high…

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USD/JPY Hits the 2010-High; What’s Next, 100?