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USD/JPY at Best Levels of Day Following Opening Bell

JPY
  • Uptick in USDJPY through the Wall Street opening bell puts the pair at best levels since Dec16 (today's high now 113.97) and within range of next key resistance at last Weds/Thurs' 114.25/27.
  • Recovery through here opens 114.38, the 61.8% Fib retracement for the Nov 24 - 30 downleg.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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