By Martin Miller — Mar 01 - 02:15 AM
USD/JPY rose on Tuesday to break above the key 136.66 Fibo
136.66 Fibo is a 38.2% retrace of the 151.94 to 127.22 (Oct to Jan) drop
However spot failed to register a daily close above 136.66 Fibo
Though 14-day momentum remains positive, reinforcing the bull market
Those that are bullish really need to force a daily close above 136.66 Fibo
USD/JPY Trader TGM2336. Previous update nL1N3580IC
EUR/JPY range has been 144.07-144.59, on Wednesday, so far on the EBS
Source:
Refinitiv IFR Research/Market Commentary