The USD/JPY is touching new long-term highs, and technical traders who are considering direction may feel as if they are looking into the clouds for answers.
The USD/JPY has continued its higher move in early trading today, following in the footsteps from the previous few days.
As of this writing, the USD/JPY is traversing near the 125.450 level and traders may want to use seatbelts to securely position themselves while trying to speculate today. The ability of the USD/JPY to break past highs seen in late March, and sustain the loftier heights now being tested may make financial houses suspect new record highs can be achieved sooner rather than later.
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