By Martin Miller — Jan 06 - 05:16 AM
USD/JPY chart bias remains on the downside, reinforcing the bearish market
Tenkan and kijun lines negative aligned, and this adds to offered structure
Looking to get short at 103.20 for a drop to 2020 101.18 low posted in March
14-day momentum has been negative since Dec 11, another sign of weakness
Trader TGM2336. EUR/JPY range has been 126.15-126.95 EBS range
EUR/USD chart very positive, 1.2400 test is very likely nL1N2JH0IW
Daily Ichimoku Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary