By Martin Miller — Feb 09 - 02:50 AM
Spot recently fell to fill gap between Fri's 131.20 high, Mon's 131.52 low
It is now free to stage a bigger recovery above the 133.05 Fibo
133.05 Fibo: 23.6% retrace of the 151.94 to 127.22 (Oct to Jan) EBS drop
A break and daily close above 133.05 Fibo would accelerate further
However, a daily close under kijun line at 131.00 would defer
USD/JPY Trader TGM2336. Previous update nL1N34O0GS
EUR/JPY range has been 140.46-141.42, on Thursday, so far
Source:
Refinitiv IFR Research/Market Commentary