USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 156.61; (P) 157.28; (R1) 158.33; More… Intraday bias in USD/JPY stays on the upside at this point. Current rally from 139.57 is in progress to 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25. Firm break there will target 161.94 high. However, break of 156.01 support will indicate short term topping, […]

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