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Nov 26 - 04:55 AM

USD/JPY - Suffers A Setback, But Key Tech Levels May Halt Fall

By Martin Miller  —  Nov 26 - 02:55 AM
  • USD/JPY is suffering a setback, bulls will hope kijun line at 114.13 props

  • Under this 113.92 Fibo support should underpin the market

  • 113.92 Fibo is a 23.6% of the 108.73 to 115.52 (August to November) rise

  • Fourteen-day momentum that remain positive, highlighting the bullish bias

  • A break and daily close under the 113.92 will defer

  • USD/JPY Trader TGM2336. EUR/JPY EBS range, Friday, has been 128.24-129.02

Daily Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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