USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 159.48; (P) 159.62; (R1) 159.81; More… Intraday bias in USD/JPY stays neutral as consolidations from 160.45 is extending. Another fall could be seen, 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 resume the rise […]
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