USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 147.13; (P) 147.46; (R1) 148.05; More… USD/JPY’s breach of 148.01 resistance suggests that corrective pattern from 148.64 has completed with three waves to 142.66. Intraday bias is on the upside for 148.64 resistance first. Firm break there will confirm and target 100% projection of 139.87 to 148.64 from 142.66 at 151.43. That […]

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