USD/JPY left a huge lower shadow on the Oct 17 candle = downside rejection

Positive alignment of the tenkan and kijun lines reinforce the bullish bias

As does the fourteen-day momentum reading that remains positive

Tech outlook bullish, scope grows for bigger gains to the 2022 151.94 peak

That despite the setback at the start of this week

EUR/JPY sees a 159.31-159.90 range, according to EBS prices, on Tuesday

USD/JPY Trader TGM2336. Previous update nL1N3BT0HL