US economic data continues to show improvement and we could very likely see a rate hike in December and as a result USD is going up against other majors and in particular USDJPY is flying high.

The pair is now moved up around 775 pips from the lows of 9th November 2016. If we look at Daily charts the next supply zone is around 111.50 which is around 250 pips away, so the best option would be to buy on any dips in lower time frames.

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