By Randolph Donney — Nov 09 - 02:50 PM
USD/JPY rises toward 2023/22 peaks at 151.74/94
Pressing upper 30-day BB, past weekly ATR and 10-week BB tops at 151.15/22
Hasn't been a weekly close above both of those since March 2022
But this and last week's lows supported by 10-WMA and weekly tenkan
A close above 152 could target 38.2% of 1982-2011 fall at 152.75
2023's rising channel top is at 153.38 on Friday
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary