USDJPY drives. The Tests of the week of the summits.




The drives to the triple top areaThe USDJPY make a run higher (us dollar buyer) The pair is up testing the week’s high at 114.27. It is also the 61.8% of the 2017 trading range.

Above that sits on top of May to 114.39, the high from July to 114.49 and the top of the October to 114.44. These three swing levels (close enough to call it a triple top) are a key, key level for bulls/bears. Get the above opens the door to a continuation of the growth momentum.
The 10 year yield is up 1 bp now.US stocks are still mixed, with the S&P unchanged. The Nasdaq up 0.24% and the Dow jones decrease by -7 points.



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