USD/JPY Daily Outlook

Daily Pivots: (S1) 153.49; (P) 154.15; (R1) 155.42; More… USD/JPY’s break of 154.86 resistance suggests that a short term bottom was formed at 152.07, ahead of 38.2% retracement of 139.87 to 159.44 at 151.96. Corrective pattern from 159.44 should be in the second leg. Intraday bias is back on the upside, and sustained trading above […]

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