USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 156.70; (P) 157.38; (R1) 158.09; More… USD/JPY is staying in consolidation below 158.06 and intraday bias remains neutral. Outlook will stay bullish as long as 55 D EMA (now at 153.16) holds. On the upside, above 158.06 will resume the rally from 139.57 to 61.8% projection of 139.57 to 156.74 from 148.64 […]

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