The USD/JPY pair has now seen a strong break above the psychological ¥100.00 handle round number – a key technical area of interest as it coincides with the 61.8% Fib and price pivot zone. The U.S. dollar climbed to ¥99.87 from ¥101.16 during Fridays session. The greenback is now trading at a five-week high versus the yen. Any retrace lower has the 61.8% Fib, ¥100.00 and PPZ (price pivot zone) as a near term focus. Further to this, the following areas come as a technical focus: the Tenkan Sen around ¥99.20 and the ¥97.50 area Kijun Sen (D1). Further to this is the key ¥96.70 area price pivot zone. The ¥103.70 area ... (full story)