USD/JPY Daily Outlook

Daily Pivots: (S1) 159.17; (P) 159.82; (R1) 160.39; More… Intraday bias in USD/JPY remains neutral for some more consolidations, and further rally is still in favor. Above 160.45 will bring retest of 161.94 high. Nevertheless, considering bearish divergence condition in 4H MACD, sustained break of 55 4H EMA (now at 159.27) will indicate short term […]
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