USD/JPY Daily Outlook

Daily Pivots: (S1) 137.63; (P) 138.40; (R1) 139.55; More… Intraday bias in USD/JPY stays neutral for consolidation above 137.22. Upside of recovery should be limited by 55 4H EMA (now at 140.56) and bring another decline. Break of 137.22 and sustained trading below 137.90 resistance turned support will confirm the larger bearish case, and target […] The post USD/JPY Daily Outlook appeared first on Action Forex.ActionForex.com
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