USDJPY Overview

Hello Price Action Traders.


The USD/JPY continues pushing higher after the breakout of the triangle pattern. Friday the Yen passed December 2013 peak and made a 6-year high at 105.694. During the European session, the pair bottomed at 104.673 due to weak NFP numbers. The key level to look at is the 105.400. A breakout of this level might push the Dollar/Yen towards new highs.


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Luigi Bazzarelli, Professional Trader member of

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