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Nov 10 - 03:55 PM

USD/JPY - Knocking On The Door Of New 32-Year Highs, Channel Top Beyond

By Randolph Donney  —  Nov 10 - 02:05 PM
  • USD/JPY back up by 2023/22 peaks at 151.74/94

  • Might get rare close above both weekly ATR and 10-wk BB tops @151.18/35

  • This and last week's lows caught by the 10-WMA, weekly tenkan

  • Weekly RSI already O/B at 78 but not diverging

  • 2023's rising channel top is at 153.46 on Monday

  • The 152 figure is nearby psychological/options on-close hurdle.

For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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