USD/JPYThe USDJPY continues to trace upwards, slightly above the ascending trendline. Buyers remain active albeit at a more moderate pace. A target exists at the 110.69 price level. Momentum indicator

USD/JPYThe USDJPY has failed to clear the 109.09 support level, despite a spike in bullish momentum towards the close of the trading week last week. Price action will likely consolidate in the current