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Sep 10 - 06:12 AM
USD/JPY - Bulls Gearing Up For A Charge At The Daily Cloud Top
First appeared on eFXplus on Sep 10 - 03:50 AM
  • Bulls seem to be gearing up for a charge at cloud top, now at 107.72
  • Break and daily close above the cloud top, will unmask the 100-DMA at 108.23
  • Tenkan and kijun lines are positively aligned, reinforcing the upside bias
  • Bid raised to 106.80, ahead of 106.78 Fibo, 23.6% of 104.46-107.50 rise
  • EUR/JPY range has been 118.44-118.76. Previous USD/JPY update
  • Draghi could make or break the dollar this week

USD/JPY Trader:

Daily Ichimoku Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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