USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 158.33; (P) 158.67; (R1) 159.12; More… Range trading continues in USD/JPY and intraday bias remains neutral .Consolidations from 160.45 could extend further with another falling leg. But overall outlook will remain bullish 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 […]
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