Moved above 50% and Channel trend line
The USDJPY is squeezing to new session higher. The pair broke above channel trend line and the 50% and buyers emerged. Meanwhile stocks are also moving higher into the last 1/2 hour of trading.
The GBPJPY is also higher and trading at NY session highs. Like the USDJPY, the price broke above the 200 and 100 hour MA and the 50% retracement level. Buyers emerged and pushed the price higher. The triple top at 184.35 is the next target.
