Today News: USD/JPY [2 Nov 2021] - FXsources

Today News: USD/JPY [2 Nov 2021] - FXsources

USD/JPY reverts to 114.00 as attention shifts

During Monday’s Asia Pacific session, USD/JPY hit its highest

level in about one and a half weeks at just below 114.50

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BUZZ-COMMENT-USD/JPY in core 113.50-114.50 range

USD/JPY has traded a 113.00-114.69 range since Oct 12 when

the pair moved onto a higher plane. A core 113.50-114.50 

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Important Trading Week

For three weeks in a row, the USD/JPY has remained stable around the 114.00

resistance, near a 3-year high, amid strong expectations of a tightening 

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Bulls Tighten Grip And Look For Retest Of 2021 High

The USDJPY maintains firm tone and extends last Friday’s jump,

looking for retest of 2021 high at 114.69, posted on Oct 20.

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British Pound Continues to Form Pennant

The British pound has pulled back just a bit over the last couple weeks,

but it looks as if we are trying to turn things around and rally a bit.

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