Daily
Chart Prepared by Jamie Saettele, CMT
DailyFX Trading Guides and Forecasts
-USD/JPY is testing an important price in 108.55 (channel and 200 day average). If that level gives however then the cross may be in for a run at the post-election gap at 106.60. “USD/JPY ended up rolling over between 111.60 and 112.60 (high was 112.20). The rally failing in the middle of congestion doesn’t bode well for upside.”