By Martin Miller — Jul 06 - 03:35 AM
Daily tenkan and kijun lines are positive aligned = market bullish
Fourteen-day momentum remains positive, another bull sign
We are looking to get long on dips to 134.85 ahead of the 134.49 Fibo
The 134.49 Fibo is a 23.6% retrace of the 126.37-137.00 rise
Recent new 24-year high at 137.00 will remain a short-term target
EUR/JPY sees a 138.30-139.42 Wednesday range so far, according to EBS data
USD/JPY Trader TGM2336 Previous USD/JPY update nL1N2YL19T
Source:
Refinitiv IFR Research/Market Commentary