USD/JPY to see further gains on a break above the 115.00 level

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USD/JPY to see further gains on a break above the 115.00 level
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USD/JPY to see further gains on a break above the 115.00 level USDJPY

Well-established short-term bullish trend

“The key 115.00 psychological mark, if cleared, will mark a fresh bullish breakout. The subsequent move up has the potential to lift the pair back towards November monthly swing high, around mid-115.00s, or the highest level since January 2017. Bulls might eventually aim to reclaim the 116.00 mark.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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