By Martin Miller — May 02 - 03:15 AM
USD/JPY has scope for a break above Monday's 160.24 new multi-year high
Medium-term outlook bullish since spot overcame major 152.60 Fibo in April
152.60 Fibo, a 38.2% retrace of major 277.65 to 75.31 (1982 to 2011) drop
We are long at 155.25 for 165.00, our stop is just below 150.00
USD/JPY looks set for big gains despite Japan's worries nL1N3H40FH
EUR/JPY 165.68-167.37 EBS range on Thursday. USD/JPY Trader TGM2336
Source:
Refinitiv IFR Research/Market Commentary