USD/JPY Daily Outlook

Daily Pivots: (S1) 158.23; (P) 159.11; (R1) 159.62; More… The firm break of 55 4H EMA (now at 159.18) confirms short term topping at 160.45, on bearish divergence condition in 4H MACD. Intraday bias is back on the downside for 157.49 cluster support (38.2% retracement of 152.25 to 160.45 at 157.31. For now, near term […]
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