The Japanese Yen has remained on the defensive since the start of the month with USD/JPY trading just pips shy of the yearly highs. Here are the updated targets and invalidation levels that matter for USD/JPY heading into the close of the week. Review this week’s Strategy Webinar for an in-depth breakdown of this setup and more. Technical Outlook: In my latest Weekly Technical Perspective on the Japanese Yen, we highlighted that price had broken above a critical resistance zone at, “110.88-111.65- a region defined by the 61.8% retracement of the November sell-off and the 50% of the broader decline off the late-2016 ... (full story)