July high at 113.169
The price of USDJPY is making new session highs and in the process the price is testing – and now moving above – the July 2018 swing high at 113.169.
Looking at the hourly chart, the price his now moving toward a topside trend line at the 113.284. A move above that opens up the upside. There should be some stall near the key trend line, with stops on a break. Be aware.
China PMI number due out in a few minutes.