By Martin Miller — Nov 18 - 03:45 AM
BOJ Gov Ueda flags gradual hikes, but vague on timing nL4N3MP04U
USD/JPY higher from 153.84 to 155.14, on Monday, EBS data shows
Recall spot broke above the 156.68 Fibo, Friday, but failed to close above
156.68 Fibo is a 76.4% retrace of the 161.96-139.58 (July to Sept) EBS drop
Spot bias remains positive despite the potential 'bull trap' nL1N3MP07O
EUR/JPY has seen a 162.29-163.47 range, so far, on Monday
Source:
Refinitiv IFR Research/Market Commentary