By Martin Miller — Feb 01 - 03:40 AM
Scope for a drop to 126.56 Fibo, 50% of 101.18-151.94 (2020-2022) EBS rise
We are short at 129.90 for 126.80 target, our stop remains above 131.58 peak
14-day and 14-week momentum are both negative, reinforcing the bear market
Kijun line at 131.00, midpoint of last 26 trading sessions, limits upside
USD/JPY Trader TGM2336. Previous update nL1N34G0KJ
EUR/JPY range has been 141.09-141.83, on Wednesday, so far
Source:
Refinitiv IFR Research/Market Commentary