The USDJPY broke the trendline, moved above the 91.00 level and shot higher. The price has moved above yesterday’s high at the 91.37 level and will now look toward the 61.8% Fibonacci resistance and the highs from January at the 91.86 level and 92.05. The 200 day MA at the 92.34 level is also in play to the upside.
On the downside, the close from yesterday was 91.25 and will be watched below.
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