USDJPY (110.60): The USDJPY currency pair has been maintaining a solid bullish momentum since the past two trading sessions.
Last Friday’s strong bullish close above 109.78 has triggered the move that is likely to see prices testing the main resistance level of 111.21. This also comes with price action breaking out to the upside from the ascending triangle pattern. The support at 109.78 could be tested in the near term.
