USDJPY breaks above last Friday’s highs…

New highs for the pair
The USDJPY has just pushed above the high from last Friday at 110.80.  The prior two hourly bars stalled just under that level and moved lower.  The pair is spending more time and moving further away from the 200 day MA, the 100 bar MA on the 4-hour chart and the 61.8% retracement at the 110.54-110.588 level. That is now risk for the pair.