13 Dec 2013
USD/JPY trips stops above 103.50
FXstreet.com (Bali) - USD/JPY has broken higher through 103.50, tripping reported stops and setting the stage for further gains in the Tokyo session ahead. As noted in the prior report, a strong cross through the H4 chart is about to be given, as the Tenkan retakes the Kijun line, reinforcing the bullish bias.