Forex technical analysis: USDJPY backs off after approaching May and July highs - ConsultFX

Forex technical analysis: USDJPY backs off after approaching May and July highs

Tests 61.8% of the 2017 trading range at 114.289. High reaches 114.238 The USDJPY pushed up to a London morning session high at 114.238, and could not be that level after better-than-expected durable goods and  house price index data this morning.  Higher US yields with the 10 year peaking at 2.4736% could not extend the trading Copyright 2015 Forexlive.com