USD/JPY: The dollar rallied to a 10-day peak, as risk sentiment improved across the board after the United States and Mexico struck a migration deal late last week to avert a tariff war. The major was trading 0.5 percent up at 108.64, having hit a high of 108.67 on Wednesday, its highest since May 31.
Investors’ will continue to track the broad-based market sentiment, ahead of the U.S.JOLTS Job Opening. Immediate resistance is located at 108.87 (50.0% retracement of 109.92 and 107.81), a break above targets 109.47 (78.6% retracement). On the downside, support is seen at 107.88 (June 3 Low), a break below could take it lower at 107.51 (Jan. 4 Low).
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