USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 131.83; (P) 132.79; (R1) 133.38; More… USD/JPY is staying in consolidation from 133.74 and intraday bias remains neutral. Overall, rise from 129.62 is seen as the third leg of the corrective pattern from 127.20. Sustained break of 55 day EMA (now at 133.34) will target 137.90 resistance. On the downside, break of […]

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