USD/JPY trading a bit higher Wednesday after posting a bearish reversal candle Tuesday
FXstreet.com (Barcelona) – The USD/JPY is hovering at 101.395 – below the previous resistance range of 101.46 to 101.53 – after posting a daily breakout on Monday.
USD/JPY traders to monitor heavy flow of US data Wednesday
The data flow that may have an impact on the USD/JPY Wednesday includes: US Durable Goods Orders; US Weekly Jobless Claims; US Chicago PMI; US Leading Indicators; and the US University of Michigan Consumer Sentiment Survey.
Technical outlook for USD/JPY