USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.33; (P) 157.76; (R1) 158.41; More… USD/JPY’s fall from 158.86 extends lower in early US session but fails to break through 156.01 support. Intraday bias stays neutral for the moment. On the upside, decisive break of 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 will extend the rally from 139.57 […]

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