Today in in forex trading the JPY was weak in the main session, driving good movement. The USD/JPY moved higher and it could continue to range up on the H1/H4 time frames to the 142.50 area. The CAD/JPY also moved higher. This pair could continue to move up to the 105.00 area on the H1/H4 time frames. The AUD/JPY moved up also. It is possible that this pair could move higher but the resistance levels are choppy and unclear. The H4 uptrends are not perfectly clear or well-formed on the JPY pairs mentioned.
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