USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 156.93; (P) 157.41; (R1) 157.94; More… Intraday bias in USD/JPY remains neutral and some consolidations could be seen. Downside of retreat should be contained above 154.47 resistance turned support to bring another rally. Above 157.88 temporary top will resume larger rise to 161.8% projection of 146.58 to 153.26 from 149.37 at 160.17. […]

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