USDJPY Bull Theme Aims For 104.85/90 Targets

Commentary, Stocks

USDJPY bull breakout, upside bias The flagged push through 103.70 signaled a bull shift to aim still higher into this week and for early April. · The expected Thursday push above 104.00 now aims for 104.85/90 chart barriers into next week (maybe Friday post NFP). · The overshoot threat into mid-April is for a challenge to 105.35/45 cycle highs. · The 8-day RSI, short-term momentum is positive, OB, but has scope to go still higher into mid-month WHAT CHANGES THIS? Below 102.95 eases bull risks; through 102.60 signals a neutral tone, only shifting negative below 101.75. Please see full report with levels and latest audio-visual analysis by clicking here.

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Daily USDJPY

Daily USDJPY- Chart Provided By: Steve Miley
Daily USDJPY- Chart Provided By: Steve Miley
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