USD/JPY creep higher continues - orders

USD/JPY slowly extends gains to 225 pips

The pair is trading at 102.82 after a resounding win for Abe in upper house elections put fresh stimulus on the table.

Offers:

  • 102.88 - session high
  • 103.00 - medium offers
  • 103.58 - June 21 low
  • 103.85 - 61.8% retracement of Brexit drop
  • 104.00 - strong offers

Bids:

  • 101.76 - minor support
  • 101.50 - building
  • 101.17 - European low

Best in 2026

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