USD/JPY Daily Outlook

Daily Pivots: (S1) 138.97; (P) 139.48; (R1) 140.19; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. Strong resistance is expected from 55 4H EMA (now at 139.87) to complete the recovery from 137.22. Break of 137.22 and sustained trading below 137.90 resistance turned support will confirm the larger bearish case, and target […]

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