USD/JPY Daily Outlook

Daily Pivots: (S1) 159.79; (P) 160.14; (R1) 160.79; More… USD/JPY’s break of 160.45 resistance confirms resumption of rally from 152.25. Intraday bias is on the upside for retesting 161.94 high. Decisive break there will target 61.8% projection of 139.87 to 159.44 from 152.25 at 164.34 next. On the downside, below 159.83 minor support will turn […]
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