USD/JPY Daily Outlook

USD/JPY’s fall from 163.97 extends lower today. While further decline could be seen, strong support is still expected from (38.2% retracement of 139.87 to 163.97 at 154.76) bring rebound, at least on first attempt. On the upside, above 157.95 minor resistance will turn intraday bias neutral first. However, sustained break of 154.76/155.01 will pave the […]

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