USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.99; (P) 158.27; (R1) 158.64; More… Intraday bias in USD/JPY is turned neutral first with current retreat. But further rally will remain in favor as long as 156.01 support holds. Break of 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 will extend the rally from 139.57 to retest 161.94 high. […]

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