USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.49; (P) 150.24; (R1) 151.38; More… Break of 150.92 support turned resistance suggests short term bottoming at 148.55, on bullish convergence condition in 4H MACD. Intraday bias is back on the upside for stronger rebound to near term falling channel resistance (now at 152.61). On the downside, break of 148.55 will resume […]

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