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.

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