As Ryan pointed out earlier the USD/JPY made a move above 102 earlier and heading into the US close seems to be holding it. It’s close, though.
It’s sitting at 102.408 at the moment, a measly 5 pips above the 100-dma of 102.350. A close above should put enough wind at the pair’s back to have a meaningful run at 102.69, which Ryan highlighted as the most recent level of resistance.
