USD/JPY nears the May high after second day of gains - ConsultFX

USD/JPY nears the May high after second day of gains

USD/JPY nears a six-month high USD/JPY has carved out a solid series of higher lows and is now threatening to break the May high of 111.40. The pair is up 47 pips to 111.31 today in the second day of solid gains in a backdrop of higher stocks and lower trade tensions. If the 111.40 resistance breaks, it