USDJPY seems to be moving into more strength by breaking out of its 8 month high last week. The strong position of the USD index is definitely going to give the pair more momentum and push it a lot higher.
Our current support levels are on 104.682, followed by 104.244 and finally 103.500. The first area of resistance can be seen on 106.4.
Our current support levels are on 104.682, followed by 104.244 and finally 103.500. The first area of resistance can be seen on 106.4.