Forex technical analysis: USDJPY pushes up toward month highs via ForexLive

Takes or last Thursday's high but backs off The USDJPY rallied yesterday, corrected in the Asian Pacific session but found support buyers where the bulls needed them - against the 100 hour MA at the 109.862 level (in reality, the bulls were the ones who bought while they leaned against risk defining support).

posted via ForexLive