By Martin Miller — Sep 08 - 05:35 AM
USD/JPY has seen a 146.60-147.45 range on Friday, according to EBS prices
Spot on course for a triple close above a major broken Fibo nL1N3AK0GC
146.11 Fibo, a 76.4% retrace of the 151.94 to 127.22 (2022 to 2023) EBS fall
Focus is on Thursday's new 10-month 147.87 high, above will accelerate
There is scope for eventual gains to October 31 2022 148.84 (EBS) high
USD/JPY, EUR/JPY usually rise in September nL1N3AH0Q6nL1N3AH2TR
There is strong dollar demand for three simple reasons nL1N3AK0JD
Fin Min: won't rule out options against excessive FX moves nT9N37Z023
Source:
Refinitiv IFR Research/Market Commentary