USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 158.10; (P) 158.50; (R1) 158.82; More… Range trading continues in USD/JPY and intraday bias stays neutral. With 156.10 support as well as 55 D EMA (now at 156.03) intact, further rise is expected. On the upside, break of 159.44 will resume the rise from 139.87 towards 161.94 high. However, firm break of […]
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