USD/JPY failed to close below the 10-day moving average Monday

Market also failed to close below 38.2% (141.66) of 138.05-143.89 surge

Price currently supported by the 50-day moving average, 141.95

A close back above the daily cloud to strengthen the bull bias

For now a late August cloud twist not dragging on price

However, cloud falls sharply from August 10: top currently 142.55

Daily momentum readings positive and RSI rising

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