USD/JPY Daily Outlook

Daily Pivots: (S1) 132.68; (P) 133.26; (R1) 134.35; More… Breach of 130.04 suggests that USD/JPY’s rebound from 129.26 is resuming. Intraday bias is back on the upside for rally towards 137.90 resistance. For now, further rise will remain in favor as long as 132.03 support holds, in case of retreat. In the bigger picture, corrective […]

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