By Ewen Chew — Jan 16 - 01:41 AM
• USD/JPY bolts up to 156.32 from low 155.21, -0.1% from -0.8%
• But closing below 156.79 validates Bollinger downtrend channel
• That would put it on track toward 200 DMA support 152.81
• Dip cued by report of possible BOJ hike next week
• BOJ's Ueda has hinted a hike being considered
• But poll suggests Jan tightening may be priced in
JPY:
(Ewen Chew is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters