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4 Apr 2013
Forex: USD/JPY pushes above 96.00
FXstreet.com (Barcelona) - USD/JPY has continued its march higher after soothing words from ECB President Draghi, added to the bullish momentum that followed through from last nights BoJ meet.
The pair has posted a high at 96.08 following today's ECB meeting, continuing the upside momentum from the Asia session that has seen the pair climb over three points today. The previous multi year high for the pair sits at 96.70 and is well within reach for today´s price action following new BoJ Governor Kuroda´s overnight policy statement which managed to redouble analyst easing expectations. Daily RSI is at 61 and moving with upside momentum.
The pair has posted a high at 96.08 following today's ECB meeting, continuing the upside momentum from the Asia session that has seen the pair climb over three points today. The previous multi year high for the pair sits at 96.70 and is well within reach for today´s price action following new BoJ Governor Kuroda´s overnight policy statement which managed to redouble analyst easing expectations. Daily RSI is at 61 and moving with upside momentum.