USD/JPY Daily Outlook

Daily Pivots: (S1) 157.72; (P) 158.73; (R1) 159.59; More… USD/JPY is still extending the consolidation pattern from 160.45 and intraday bias remains neutral. Further rise is expected as long as 157.49 cluster support (38.2% retracement of 152.25 to 160.45 at 157.31) holds. Firm break of 160.45 will resume the rise from 152.25 to retest 161.94 […]
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