USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 154.57; (P) 155.05; (R1) 155.60; More… Intraday bias in USD/JPY stays on the downside for the moment. Sustained trading below channel support should bring deeper correction to 55 D EMA (now at 153.11). Firm break there will bring deeper fall to 150.90 cluster (38.2% retracement of 139.87 to 157.88 at 151.00). For […]
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