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Jun 17 - 05:55 AM

USD/JPY - Chart Points To Further Gains Through 2021 Peak

By Martin Miller  —  Jun 17 - 03:58 AM
  • Decent gain on Wed, broke and closed above June 3/4 110.32 peaks

  • Tenkan and kijun lines are positive aligned, adding to the bullish bias

  • Overall scope is for gains above the 2021 110.97 peak. Previous nL2N2NY0E0

  • 14-day momentum remains positive, but cloud twist below a warning to bulls

  • USD/JPY Trader TGM2336. EUR/JPY sees 132.14-86 EBS range Thursday so far

Daily Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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