USD/JPY Daily Outlook

Daily Pivots: (S1) 139.39; (P) 139.85; (R1) 140.69; More… USD/JPY is still bounded in sideway trading and intraday bias stays neutral. Further rally is expected as long as 138.22 minor support holds. On the upside, break of 140.90 will resume larger rise from 127.20 to 142.48 fibonacci level. However, considering bearish divergence condition in 4 […]

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