USD/JPY tracks higher on better risk appetite

USDJPY D1 28-06

As the risk mood improves on the day, we are seeing USD/JPY start to track higher again with the pair now touching 135.75.

After some pushing and pulling around 135.00 in the past few days, buyers are starting to stick their neck out again and will be hoping to try and retest last week’s highs around 136.70. That will be the next technical challenge for the pair this week.

Michael Cooper

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