USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 159.17; (P) 159.82; (R1) 160.39; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, sustained break of 55 4H EMA (now at 159.27) should confirm short term topping at 160.45, on bearish divergence condition in 4H MACD. Deeper fall should then be seen to 157.49 support to correct […]

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