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Sep 19 - 05:55 AM

USD/JPY - Chart Bullish, Multiple Tech Factors Point To Gains

By Martin Miller  —  Sep 19 - 04:05 AM
  • USD/JPY's initial focus is on the 144.99 peak registered earlier in Sept

  • Expect bigger gains in the weeks ahead towards Aug. 1998 147.64 peak

  • This is possible especially as the mkt continues to trade above 140

  • Tenkan and kijun lines are positive aligned, reinforcing overall bullish mkt

  • We are now long at 142.70. USD/JPY Trader TGM2336. Previous nL1N30M0HI

  • EUR/JPY range has been 142.86-143.22, on Monday, according to EBS prices

Source:
Refinitiv IFR Research/Market Commentary

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