Derived Data That Drive Results
By Martin Miller — Aug 29 - 03:15 AM
Weekly chart shows USD/JPY will likely break the 147.00 psychological level
Spot managed to register a weekly close above the 146.11 Fibo on Friday
146.11 Fibo is a 76.4% retrace of the 151.94-127.22 (2022-2023) EBS fall
14-week momentum remains positive, reinforcing the overall bullish bias
USD/JPY Trader TGM2336. Previous update nL1N3A90BT
Weekly Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
