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USDJPY extends to a new session high. Breaks above swing area high at 145.90

The USDJPY is trading to a new session high and in the process is breaking above the 146.000 level for the first time since November 10. The high price is also extending above a swing area between 144.98 and 145.90. Yesterday, the low price came within 11 pips of the low of that swing area, and the high was within 4 pips of the high of the swing area. Staying above 145.90 keeps the buyers firmly in control.Yields are now higher across the board:2 year yield 4.965%, +1.1 basis points5 year yield... Read More

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Content Topics

Usdjpy

Extends

Session

High

Breaks

Above

Swing

Area

145 90

Forex

Posted: Aug 16 2023, 17:35

Author Name: forexlive

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