USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 135.68; (P) 136.30; (R1) 136.86; More… USD/JPY is staying in consolidation below 136.91 temporary top and intraday bias remains neutral first. Focus is staying on 38.2% retracement of 151.93 to 127.20 at 136.64. Rejection by this fibonacci level, followed by break of 134.04 support, will argue that rebound from 127.20 has completed, […]

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