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USD/JPY Creeps to Session Bests, Looks to Extend Winning Streak

  • USDJPY quietly creeping to fresh daily highs, receiving some support from the greenback side as both GBP/USD and EUR/USD roll off the best levels of the session. This narrows the gap with 145.87, the week's high and cycle best.
  • A break higher here would confirm and extend the streak of higher highs in the pair to seven sessions, affirming the bull trend and raising focus on 146.38 in the near-term, the 1.764 projection of the Jul 14 - 21 - 28 price swing.
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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