USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 134.48; (P) 134.85; (R1) 135.40; More… USD/JPY continues to lose upside momentum as seen in 4 hour MACD. But further rise is still in favor to 38.2% retracement of 151.93 to 127.20 at 136.64. Strong resistance could be seen there to complete the corrective rebound. On the downside, break of 133.91 minor […]

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