By Martin Miller — Nov 30 - 02:50 AM
Fourteen-day momentum is still negative, reinforcing the bearish bias
Expectation is for losses to the key 135.48 Fibo in coming sessions
135.48 Fibo is a 76.4% retrace of the 130.40-151.94 (Aug-Oct) EBS rise
We look to get short at 138.80 in anticipation for the drop to 135.48
USD/JPY Trader TGM2336. Prev nL1N32P0G6
EUR/JPY range has been 143.19-143.65, on Wednesday, according to EBS prices
Source:
Refinitiv IFR Research/Market Commentary