USD/JPY Daily Outlook

Daily Pivots: (S1) 139.39; (P) 139.82; (R1) 140.61; More… Intraday bias in USD/JPY remains neutral at this point. With 138.22 minor support intact, further rally is expected. On the upside, break of 140.90 will resume larger rise from 127.20 to 142.48 fibonacci level. However, considering bearish divergence condition in 4 hour MACD, break of 138.22 […]

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