USD/JPY enters into the pocket of space, potentially freeing up more gains ...Middle East

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USD/JPY enters into the pocket of space, potentially freeing up more gains
The dollar continues to push higher in the post-election period and in the case of USD/JPY, that momentum is helped by higher yields as well. The pair has been on a tear since October trading, racing up from 143.00 all the way to touching 156.00 earlier today. The break above 155.00 yesterday is a crucial one, signifying another breach of a key technical/psychological level.When it comes to USD/JPY, there's always something about big figure levels. And this is arguably no exception.With buyers clearing the key daily moving averages and 150.00 mark last month, the focus has been drawn on the 155.00 mark since. And inevitably with Trump winning the election, we've finally gotten there today.An

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