By Martin Miller — May 01 - 02:40 AM
Friday saw 2nd biggest one-day gain of 2023 to close above key 135.95 Fibo
135.95 Fibo is a 76.4% retrace of the 137.90 to 129.65 (EBS) drop
That has unmasked the 200-DMA at 137.01 and the March 137.90 peak
However bulls should beware of the "cloud twist" circa 132.73-74, on May 3
A cloud twist usually exerts magnetism as Wednesday draws closer
USD/JPY Trader TGM2336. Previous update nL1N36V0VW
EUR/JPY has seen a 150.03-85 range on Monday, EBS data shows
Source:
Refinitiv IFR Research/Market Commentary