USD/JPY close under 150.13 Fibo, increases scope for a March 146.48 low test

150.13 Fibo is a 76.4% retrace of the 146.48-161.96 (March-July) EBS rise

Negative alignment of the tenkan and kijun lines, is also a bearish bias

As is the fourteen-day momentum reading that has been negative since July 11

Thursday's 150.88 high could well limit near-term recovery attempts

USD/JPY Trader TGM2336. Previous update nL1N3JO09Q