By Martin Miller — Nov 26 - 09:50 AM
Dollar chart's outlook darkens nL1N2IB0KW
FX traders exiting USD/JPY all week EBS flow data shows nL1N2IC0FY
That is keeping the lid on USD/JPY risking its demise nL1N2IC0NN
USD/JPY has seen a 104.22-44 range on Thursday, according to EBS prices
USD/JPY outlook bearish as the recent "bull trap" weighs nL1N2IC0DJ
USD/JPY and EUR/JPY 30/60-day correlations remain well above +0.50
If USD/JPY drops, EUR/JPY will likely be dragged down with it
Daily Ichimoku Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary