Chart in Focus: Daily USDJPY The USDJPY retraced lower briefly yesterday before finding support at the 8 day EMA dynamic support today and pushing higher into today's close. We can see the uptrend is still very much intact and although we were looking for an obvious price action buy signal from support, it appears we aren't going to get it just yet. If this market breaks above near-term resistance at 88.40 we could see another leg higher in this uptrend.
