By Martin Miller — Feb 08 - 02:55 AM
Spot has relapsed to fill gap between Fri's 131.20 high, Mon's 131.52 low
It is now free to stage a bigger recovery above the 133.05 Fibo
133.05 Fibo: 23.6% retrace of the 151.94 to 127.22 (Oct to Jan) EBS drop
A break and daily close above 133.05 Fibo would accelerate further
A daily close under kijun line at 131.00 would defer
USD/JPY Trader TGM2336. Previous update nL1N34N0K5
EUR/JPY range has been 140.31-140.94, on Wednesday, so far
Source:
Refinitiv IFR Research/Market Commentary