USD/JPY closed under the 134.67 Fibo for two daily closes in the row

134.67 Fibo is a 38.2% retrace of 129.65-137.78 (EBS) (March-May) rise

However the drop under 134.14 Fibo not sustained, it failed to close below

134.14 Fibo is a 76.4% retrace of the 133.01 to 137.78 rise

The long tail on Thursday's candle highlights a possible downside rejection

USD/JPY Trader TGM2336. Previous update nL1N3710GR

EUR/JPY has seen a 147.83-148.12 range on Friday, EBS data shows