By Randolph Donney — Mar 27 - 03:05 PM
USD/JPY uptrend persists, but with ever tinier new L-T highs
2022's 151.94 peak eclipsed by Wednesday's 151.975 high
Pullback from peak was caught above Friday's 151 low
Friday being the last day with a new 2024 high
A daily range above 152 looks key to starting a fresh leg higher
That as a second pending bearish RSI divergence is watched
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Source:
Refinitiv IFR Research/Market Commentary