USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 154.78; (P) 155.51; (R1) 156.24; More… Intraday bias in USD/JPY stays neutral first. Correction from 158.86 could still extend with another falling leg. Sustained trading below 55 D EMA (now at 154.64) will target 38.2% retracement of 139.57 to 158.86 at 151.49 next. However, firm break of 158.86 will resume the whole […]

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