USD/JPY: Buyers hold above 110.00, but more work needs to be done - ConsultFX

USD/JPY: Buyers hold above 110.00, but more work needs to be done

USD/JPY cracks the 110.00 figure level but doesn't break out The 110.00 level is more psychological than anything else but is a key area of contention for buyers and sellers. Right now, buyers are testing waters above it but isn't running away with a move to the upside just yet.