Talking Points: USD/JPY Technical Strategy: FlatSupport: 107.31, 106.50, 105.18Resistance: 108.63, 110.08, 110.76 The US Dollar moved higher against the Japanese Yen as expected after prices put in a bullish Morning Star candlestick pattern. A daily close above the 38.2% Fibonacci retracement at 108.63 exposes the 109.70-110.08 area marked by the 50% level and the October 1 high. Alternatively, a reversal back below the 23.6% Fib at 107.31 opens the door for a test ...
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