By Martin Miller — Dec 01 - 02:20 AM
Daily chart's outlook has darken considerably due to the latest slump
Thursday's losses means our 138.80 short met its target at 136.60
Fourteen-day momentum is negative, reinforcing the bearish bias
Expectation is for losses through a major 135.48 Fibo
135.48 Fibo is a 76.4% retrace of the 130.40-151.94 (Aug-Oct) EBS rise
USD/JPY Trader TGM2336. Prev nL1N32Q0H2
EUR/JPY range has been 142.11-143.75, on Thursday, according to EBS prices
Source:
Refinitiv IFR Research/Market Commentary