Moves to new month highs.
The dollar is on the move higher - led by the GBPUSD mostly. But the USDJPY is also on the move with the pair extending above the October highs at 104.63. The pair is trading at the highest level since the end of July.
The high has reached 104.86 so far. The 105.00 level will be eyed next along with an eye toward the 105.475.
Looking at the 4-hour chart the pair is trading in open road territory above the 104.63. Stay above is more bullish for the pair now....Just go for the targets. The dollar is on a run to the upside.
