By Ewen Chew — Nov 03 - 10:15 PM
USD/JPY drops as low as 151.62 from intraday high 152.95
Break of 200 DMA at 151.57 floor may cue momentum selling
That could send it toward 100 DMA, currently at 150.37
Monday closing below 152.65 confirms bullish bias eroded
That would take USD/JPY out of Bollinger uptrend channel
Liquidity thin with Japan financial markets closed Mon
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Source:
Refinitiv IFR Research/Market Commentary