US’s McConnell says Republicans have the votes to pass the tax bill

We seem to have found a bottom in USDJPY at 111.40 but the sellers have set up shops at 111.90.

USDJPY 15m chart 01 12 2017

USDJPY 15m chart

Above there and 112.00, 112.25 is the next log in the road.

There’s a lot of uncertainty with this Flynn news and while the White House has brushed it of, the market is being a bit slower to do so.

And as I type, 112.09 trades.

 

Ryan Littlestone

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