By Randolph Donney — Oct 04 - 02:05 PM
USD/JPY traded an extremely tight 148.73-9.32 range on EBS Wed
Market still traumatized by Tues's 150.165-147.30 post-JOLTS dive
MoF intervention suspected, but no officials confirming that
Pullback in Tsy yields, mixed US data help keep prices by 149
It's been by 149 since rebounding from key 147.30 kijun support Tues
Wed's 148.735 low on EBS held the tenkan line there
Might take a major jobs report miss to break the kijun support
Or a major beat to retest the 150 intervention threat level
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary