By Martin Miller — Jun 07 - 04:05 AM
USD/JPY's bullish cycle looks set to extend higher towards 2002 135.20 peak
We are looking to get long on dips to the 131.90 level
14-day momentum negative since May 18, but it turned positive last week
Tenkan and kijun lines positive aligned, further reinforcing the bull market
EUR/JPY sees a 141.13-142.02 Tuesday range so far, according to EBS data
USD/JPY Trader TGM2336 Previous USD/JPY update nL1N2XT0F8
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Monthly Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary