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Apr 28 - 03:55 AM

USD/JPY - REFILE-BUZZ-USD/JPY Stands At The Gateway To 150 And May Rise Much Further

By Jeremy Boulton  —  Apr 28 - 02:20 AM

Amends the to tech

  • USD/JPY soars to 130.27 EBS just short of a crucial tech level

  • 130.57 is a 76.4% retracement 147.64-75.31 drop 1998 high, all-time low

  • A rise above 130.57 would imply USD/JPY will return to 147.64

  • Minor corrections for USD/JPY's long-term decline are 142.36 and 183.46

  • BOJ has given traders the green light to drive USD/JPY up nL2N2WQ04F




USD/JPY Click here

USD/JPY Click here

Source:
Refinitiv IFR Research/Market Commentary

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