USD/JPY Daily Outlook

Daily Pivots: (S1) 148.21; (P) 149.18; (R1) 150.03; More… USD/JPY spiked lower to 147.28 overnight, on alleged intervention by Japan, but recovered quickly since then. As short term top should be in place at 150.15, on bearish divergence condition in 4H MACD. Intraday bias is turned neutral first and more corrective could be seen. But […]

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