USD/JPY edges to the best levels of the day (update: one month high)

USD/JPY nears the November high

USD/JPY is threatening resistance at 113.82 as it edges to the highs of the day.

Four-hour chart:

A look at the last few weeks shows USD/JPY leading the rebound in US stocks. There isn’t much work to get back to the October highs.

Update: Some light stops hit in a rally to 113.84, a fresh one-month high.

Articles You May Like

TDI SQUEEZE (Traders Dynamic Index) Forever In Profit Free Basic Strategy [Watch In HD]
CFTC Commitments of Traders: Euro shorts emboldened
UK September average weekly earnings +3.0% vs +3.0% 3m/y expected
The pound is the major driver in currencies today
Apple falls away from the 200EMA on the Daily Chart

Leave a Reply

Your email address will not be published. Required fields are marked *