USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 146.68; (P) 147.03; (R1) 147.51; More… Intraday bias in USD/JPY remains neutral as consolidation from 146.22 is extending. Further decline is expected as long as 148.50 resistance holds, even in case of stronger recovery. On the downside, firm break of 146.22 will resume the fall from 151.89 to 145.06 key support level. […]

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