By Ewen Chew — Aug 12 - 01:20 AM
USD/JPY ekes out modest gains, last 147.15 from 146.49
Liquidity thin due to Japan financial market holiday
Potential to rise may depend on Mon close above 146.98
That would disengage from Bollinger downtrend channel
23.6% Fibo at 146.46 may prove to become a solid floor
All eyes are on US inflation data on Wed for next cue
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary