A belated happy Thanksgiving to all our yank friends around the globe. Only in America do they manage to wrangle themselves two Christmas dinners in one year.
USD/JPY isn’t ready to tuck into the bird just yet and has some late business to do in the European afternoon.
USD/JPY H4 chart 27 11 2014
We’ve been up to the recent highs from yesterday and finding resistance tough so far. It’s hard to see this level breaking around 117.75/90, and more so 118.00 now that Europe is clocking off.
There’s still some before London desks start emptying so we might get a late flurry.
