FX.co ★ remington.kihn | USD/JPY

It is worth noting that nothing unexpected happened with the USDJPY pair, as I have mentioned before about the area around 158.55, which has been reached and we are currently trading below it. However, we could still move higher, as it is too early to say that the uptrend is broken, especially considering yesterday's new highs. We are currently growing and pushing to the north. It is also important to mention that the dollar was under pressure for a while. But we received positive data from the states, which could have an impact. In any case, I am not considering trades from these price levels. If we fail to hold below 158.50, I will try buying with a stop loss below today's lows.