Closed at 110.96
The USDJPY is pushing toward the 111.00 level and in the process, has moved to the close from yesterday at 110.96 area. The high in the NY session has just reached 111.02. The high for the day was in the first hour of trading today at 111.03.
The pair earlier in the day reached to the lowest level since July 9th. The lows took the price below a trend line at 110.95 (see daily chart below), but the price rise has just taken the price back above that line. Can it stay above is the question now.
