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USD/JPY bid raised as bias stays on upside

Pair's scope is on the upside for gains to 120.00 and beyond Market trades further above the daily cloud between 117.75-118.66 range Traders look to get long at 119.35 ahead of the tenkan line Tenkan line is now at 119.1…

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USD/JPY bid raised as bias stays on upside
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  • Pair's scope is on the upside for gains to 120.00 and beyond

  • Market trades further above the daily cloud between 117.75-118.66 range

  • Traders look to get long at 119.35 ahead of the tenkan line

  • Tenkan line is now at 119.13

  • A daily close back below 119.13 will suspend

 

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