By Martin Miller — Mar 29 - 02:28 AM
Scope for bigger USD/JPY gains through the 110.00 psychological level
It has managed to force a break and daily close above the 109.56 Fibo
109.56 Fibo a 76.4% retrace of 111.71 to 102.60 (Mar 2020 to Jan 2021) fall
Fourteen-day momentum remains positive, reinforcing the bullish bias
USD/JPY Trader TGM2336. Previous update nL1N2LO0CM
EUR/JPY has seen a 128.85-129.43 range on Monday according to EBS prices
Daily Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary