USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 142.81; (P) 143.40; (R1) 144.43; More… USD/JPY rebounded further today but stays below 145.90 resistance. Overall, rise from 139.87 could extend through 145.90. But near term outlook will stay bearish as long as 38.2% retracement of 158.86 to 139.87 at 147.12 holds, in case of another bounce. On the downside, firm break […]

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