USDJPY looks poised to extend on recent gains, the pullback to retest bids towards 110.50 looks to be attracting demand as such bullish exposure should be rewarded on a breach of 111.35 initially targeting a test of the ascending trend line resistance at 112.40 en-route to an ultimate test of the equality objective just above 113
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
