NEWS: USDJPY extends higher and above the 38.2% today. Can it stay above? April 28, 2021 at 02:11PM

NEWS: USDJPY extends higher and above the 38.2% today. Can it stay above? April 28, 2021 at 02:11PM

38.2% at 108.804.
Yesterday, the price of the USDJPY trended to the upside after breaking and staying above its 200 hour moving average (green line) for the first time since April 5. The pair moved up toward its 38.2% retracement of the move down from the March 31 high at 108.804 and called it a day.

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