USDJPY breaks to new highs and above swing area. - ConsultFX

USDJPY breaks to new highs and above swing area.

Risk is now 106.60 The USDJPY is making a break to new session highs and in the process, has moved above a swing area in the 106.597-687 area (see red numbered circles and ).  No surprise, the major stock indices are trading at new day highs in a big reversal of earlier declines.