USDJPY H1
I had mentioned the importance of the 1:1 (Light blue) a few days back, this level has attracted plenty of follow through during Mondays trading session as the bulls continue to push for a test of the 61.8 fib at 120.000. A break and solid close above the 119.000 high will likely see the momentum continue to pick up on the topside.
USDJPY M15
The level to watch intraday is the 1:1 (White), 38.2 fib and pivot level that coincide at 118.100/050.
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