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Daily Market Outlook (23 Apr 2024)
Update Time: 23 Apr 2024 08:14GMT
Next Update At: 00:30GMT
USD/JPY - 154.83

Despite dollar's resumption of long term upmove to a fresh 33-1/2 year 154.86 peak yesterday, loss of upward momentum and subsequent retreat suggests temporary top is possibly made, below 154.47/50 would yield retracement towards 153.90/95, then re-test of 153.58 (Fri) would be seen.  
  
On the upside, only a daily close above 154.78 would risk one more rise but 155.50/60 may hold.
 

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