USD/JPY made good rally today and currently is pressuring
the February’s high at 110.48, which could be a possible breakout point.
to advance and is marking fresh monthly high. The price is developing above its
firmly bullish moving averages and I expect a test of 111.00 handle.
USD/JPY is holding above 110.00 but remains vulnerable for
slides towards the downside. I think that the pair might meet soon the supprot