USD/JPY still hesitant after taking new highs

The stable door is open yet the dollar horse is still shy about bolting. 119.82 is the August 2007 high and all that stands in the way of 120

USD/JPY H4 chart 02 12 2014

USD/JPY H4 chart 02 12 2014

US bond yields are helping the rally too with 10’s up 2bp at 2.26%. The high so far for the buck is 119.28. There’s a barrier and stops noted at 119.50

Featured Videos