USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 147.93; (P) 148.47; (R1) 149.40; More… USD/JPY retreats mildly but stays above 147.55 minor support. Intraday bias remains mildly on the upside. Rise from 139.87 is resuming and should target 100% projection of 139.87 to 148.64 from 142.66 at 151.43. That is close to 61.8% retracement of 158.86 to 139.87 at 151.22. […]

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