USD/JPY bulls eyeing a move beyond mid-110.00s
Having retested 100-day SMA support, the USD/JPY pair turned higher for the second straight session and is now looking to retest overnight swing high.
Reports that the US President Donald Trump’s longtime lawyer Michael Cohen was admitted for making illegal payments and committed other crimes to influence the 2016 election exerted some downward pressure initially. However, a modest US Dollar rebound, following the recent sell-off triggered by Trump's critical comments on the Fed's policy tightening, extended some support and helped the pair to
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