By Randolph Donney — Mar 07 - 03:40 PM
Uptrend ekes out new highs close to rising 200-DMA and key Dec. 20 high
That high is notable due to huge the day's 137.465-130.58 EBS range
A close above it would put the last of that very bearish event behind
And perhaps target the 50% Fibo of 151.94-127.215 Oct-Jan plunge at 139.58
Also a 161.8% Fibo target at 142.10 off the 127.215-132.90 base
That's close to the Nov. 21-22 highs at 142.25
Uptrend remains intact while closes are above the tenkan, 135.61 last
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Source:
Refinitiv IFR Research/Market Commentary