By Martin Miller — Apr 28 - 05:55 AM
Yen slumps after BOJ maintains ultra-low rates nL1N36V0D8
BOJ's new chief embarks on policy review nL1N36V01N
USD/JPY up from 133.36 to breach 135.95 Fibo and 136.00 psychological level
135.95 Fibo is a 76.4% retrace of the 137.90 to 129.65 (March) drop
A daily close above the 135.95 Fibo would unmask the 200-DMA at 137.00
EUR/JPY's correlation with USD/JPY high, 30/60-day logs are both above +0.60
Source:
Refinitiv IFR Research/Market Commentary