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USD/JPY lifts to session highs above 148.60
As this update is being written the USD/JPY is pushing higher and just now reaching session highs above 148.55. Thew dollar had closed in the US last night at 148.20. The low seen earlier this morning was set at 148.01. The most recent high seen so far this week came on Monday, at 148.13 and this is still defining the top of the shop on this one. Naturally, a break above 149.13 from here on could p[en a path to a return to above 150, but we have to see on that. The daily chart does look more supportive than not so at this precise moment in time but that might not mean there is more upside to come- we shall have to see on that. The USD/JPY just hit a session high at 148.62
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