Derived Data That Drive Results
By Martin Miller — Sep 13 - 02:05 AM
M-term chart is bearish, as spot continues to trade under the 144.59 Fibo
144.59 Fibo, is a 50% retrace of the 127.22-161.96 (2023-2024) EBS rise
Expect a break under the 140.49 Fibo, a 61.8% of the same 2023-2024 rise
14-week momentum remains negative, reinforcing the underlying bearish bias
USD/JPY trader TGM2336. Previous update nL1N3KT16P
Weekly Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
