TODAY’S TRADING STRATEGY FOR THE $USD/JPY

$USD/JPY – Open Buy Position at $111.30 and set TP at $11.87

• The pair has room for further gains, as selling interest should have rejected price.

• The flow out of safe haven assets seems to be continuing, the pair has its next key resistance at 112.00, the level to overcome to confirm a steadier recovery in the upcoming sessions.

•  Investors are moving out of gold and the yen.