By Martin Miller — Jan 25 - 04:05 AM
USD/JPY chart shows the upside is very limited nL1N3490BE
Scope for losses to 126.56 Fibo, 50% of 101.18-151.94 (2020-2022) EBS rise
Fourteen-week momentum remains negative, reinforcing the bearish market
We are short at 129.90 for 126.80 target, our stop is above 131.58 peak
USD/JPY Trader TGM2336. EUR/JPY range has been 141.60-142.28, Wednesday
Source:
Refinitiv IFR Research/Market Commentary