Daily Pivots: (S1) 167.88; (P) 169.01; (R1) 169.74; More… EUR/JPY is still bounded in sideway trading and intraday bias remains neutral. On the downside, break of 168.01 support will strengthen the case that rise from 164.31 has completed at 170.78 already. Intraday bias will be back on the downside for 167.31 support, and then 164.01. […]
Daily Pivots: (S1) 143.52; (P) 144.35; (R1) 144.78; More… Despite weak downside momentum as seen in 4H MACD, further decline is still expected in USD/JPY with 146.47 resistance intact. Fall from 149.35 should target 141.67 low. Firm break there will resume the whole fall from 161.94 to 140.25 support next. On the upside, above 146.47 […]
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