USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 139.65; (P) 140.57; (R1) 141.21; More… No change in USD/JPY’s outlook. With 139.27 support intact, further rally is expected. Current rise from 127.20 should now target 142.48 fibonacci level next. Nevertheless, break of 139.27 will now indicate short term topping and turn bias back to the downside. In the bigger picture, rise […]

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