USD/JPY Daily Outlook

Intraday bias in USD/JPY remains neutral for the moment. While another rise might still be seen, strong resistance could emerge from 159.59 to 160.62 zone (50% and 61.8% retracement of 163.97 to 155.22) to limit upside. On the downside, firm break of 158.58 will turn bias back to the downside for deeper pullback. In the […]
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