Spot closed well above 153.41 Fibo after the biggest rise since March 2020

153.41 Fibo is a 61.8% retrace of the 161.96 to 139.58 2024 (EBS) drop

There is now scope for larger gains to the 156.68 Fibo

156.68 Fibo is a 76.4% retrace of the same 161.96-139.58 fall

If there is a break under Tuesday's 151.30 low, that would hint at a top

USD/JPY trader TGM2336. Previous update nL1N3MC0DO