By Randolph Donney — Oct 30 - 03:55 PM
USD/JPY breached the kijun support at 149.04 for 1st time since Aug. 1
A close below it would target the cloud top at 147.46
Oct. 3's 150.165-147.30 flash crash was caught by the kijun there
Also watching for a first sub-30-DMA close since Aug, last at 149.26
The lower 30-day Bolli caught July's 137.245 trough on EBS
And Aug, Sept & Oct highs were all by the upper 30-day Bolli
A daily range above the tenkan at 149.80 is needed to bolster the uptrend
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Source:
Refinitiv IFR Research/Market Commentary