USD/JPY's big recovery closed above the 130.17 Fibo = bullish

130.17 Fibo is, a 76.4% retrace of the May 131.35 to 126.37 (EBS) drop

Increasingly scope for much bigger gains above the 2022 131.35 peak

14-day momentum had been negative since May 18, it turned positive last week

We are looking to get long on dips to 129.70, ahead of recent 129.52/69 lows

EUR/JPY sees a 139.85-140.35 Monday range so far, according to EBS data

USD/JPY Trader TGM2336 Previous USD/JPY update nL1N2XQ09O