By Martin Miller — Dec 17 - 01:35 AM
On Friday and Monday USD/JPY rose to register a close above the 153.66 Fibo
153.66 Fibo is a 61.8% retrace of the 156.76 to 148.65 (EBS) drop
That increases the scope for eventual bigger gains through the 154.85 Fibo
154.85 Fibo is a 76.4% retrace of the same 156.76 to 148.65 fall
The thickening and rising daily cloud support, now spans 147.25-152.12
We are long at 151.10 for 154.90, our trailing stop is now at 153.60
USD/JPY Trader TGM2336. Previous update nL1N3NH007
Source:
London Stock Exchange Group | Thomson Reuters