USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 139.20; (P) 139.48; (R1) 139.90; More… Intraday bias in USD/JPY remains neutral as range trading continues. Further rally is expected as long as 138.22 minor support holds. 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, […]

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