USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 139.39; (P) 139.82; (R1) 140.61; More… No change in USD/JPY’s outlook and intraday bias remains neutral. 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 […]

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