By Martin Miller — Mar 28 - 04:10 AM
USD/JPY closed last week well above the 119.52 major long-term Fibo
119.52 Fibo is a 76.4% retrace of 125.86 to 99.00 (2015 to 2016) EBS drop
Increasing the likelihood for further gains through the 2015 125.86 peak
We have raised our bid to 122.20 in order to take advantage of a market dip
EUR/JPY sees a 134.04-135.75 Monday range so far, according to EBS data
USD/JPY Trader TGM2336 Previous update nL2N2VS0FQ
Weekly Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary