Not exactly showing that much love
The USDJPY broke higher, extending above the 114.44-54 level for the third time in the last 3 trading days. The last breaks on Thursday last week, extended up to 114.82 and 114.70. Today’s move took the price up to 114.77 – between the two extremes. Remember the 114.44 and 114.54 were the highs going back to March 2016.