Derived Data That Drive Results
By Martin Miller — Nov 20 - 03:45 AM
Scope is growing for a bigger USD/JPY drop into the daily cloud
The daily cloud currently spans the 145.84-148.52 region
14-day momentum set for a negative reading for the 1st time since Nov 3
Short at 151.15 in anticipation for losses to our lowered 147.50 target
Our trailing stop is at 149.30, which is above the 149.20 hourly high
USD/JPY Trader TGM2336. Previous update nL1N3CI0JR
Daily Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
