USDJPY bulls remain in charge. The pair has traded higher once again today, extending this week’s climb. The USD has cleared the top of the bull channel, drawn from the Jun 1 2021 high and more importantly, traded through the psychological 120.00 handle. This confirms a resumption of the uptrend and strengthens bullish conditions. The focus shifts to 121.69 next, the Jan 29 2016 high. Support is seen at Monday’s 119.04 low.

Foreign Exchange Technical Analysis Homepage markets-real-time Bullet Markets Foreign Exchange News

Taso Anastasiou

Foreign Exchange Technical Analysis Homepage markets-real-time Bullet Markets Foreign Exchange News

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Bulls Remain In Control