By Randolph Donney — Oct 09 - 03:40 PM
USD/JPY probing 21-DMA support for 3rd straight day, last at 148.41
Prices haven't closed below that line since July
The rising kijun and 30-DMA at 148.04/7.92 more pivotal on a closing basis
If broken, Oct's low and weekly tenkan at 147.30 are the next supports
A daily range above the 10-DMA & Mon's 149.23 high needed to boost uptrend
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Source:
Refinitiv IFR Research/Market Commentary