Derived Data That Drive Results
By Martin Miller — Apr 18 - 02:40 AM
USD/JPY has breached the top of the cloud that currently spans 132.56-134.47
14-day momentum remains positive, reinforcing the overall bullish market
The next target is the 134.75 Fibo, 61.8% of the 137.90 to 129.65 (EBS) drop
A daily close above which would accelerate towards the 200-DMA now at 137.15
USD/JPY Trader TGM2336. Previous update nL1N36K0CO
Daily Chart: Click here
Daily Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
