Flat in Asia after an inside day - no response to a slew of data
The miss in IP at -4.2% against the -2.1% poll stands out nL4N28729E
Charts - momentum studies 5, 10 & 21 DMAs head north - bullish setup
Five days of higher lows supports further gains and a topside bias
Close above the weekly cloud would be a positive signal for next week
Has not closed above the weekly cloud since April, then 109.86 200 WMA
December 2018 was the last close above the 200 week moving average.
jpy nov 29 Click here