USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 140.47; (P) 141.19; (R1) 142.54; More… USD/JPY’s rally is still in progress. Intraday bias remains on the upside for 61.8% retracement of 151.93 to 127.20 at 142.48 next. Sustained break there will pave the way back to retest 151.93 high. However, rejection by 142.48, followed by break of 139.27 will indicate short […]

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