USD/JPY Daily Outlook

Daily Pivots: (S1) 132.38; (P) 133.10; (R1) 134.49; More… USD/JPY is losing downside momentum as seen in 4 hour MACD. But further decline is still in favor as long as 135.10 resistance holds. Firm break of 61.8% retracement of 127.20 to 137.90 at 131.28 will pave the way to retest 127.20 low. However, break of […]

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