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Sep 15 - 05:55 AM

USD/JPY - Bulls Will Likely Charge At 145 Again: Chart Bullish

By Martin Miller  —  Sep 15 - 04:15 AM
  • USD/JPY's initial focus is on the 144.99 peak registered earlier in Sept

  • If 144.99 is overcome, expect bigger gains towards Aug. 1998 147.64 peak

  • This is possible as the mkt continues to trade above 140 psychological level

  • Also, fourteen-day momentum remains positive = bullish

  • We are looking to get long at 142.70, ahead of the tenkan line at 142.52

  • EUR/JPY range has been 142.60-143.35, on Thursday, according to EBS prices

  • USD/JPY Trader TGM2336. Previous update nL1N30L0BA

Source:
Refinitiv IFR Research/Market Commentary

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