USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.64; (P) 149.26; (R1) 150.43; More… Intraday bias remains neutral at this point. With 151.29 resistance intact, fall from 158.86 is still expected to continue as the third leg of the corrective pattern from 171.96 high. Below 148.08 will target 61.8% retracement of 139.57 to 158.86 at 146.32. Sustained break there will […]

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