Daily Pivots: (S1) 152.12; (P) 153.40; (R1) 154.08; More… Intraday bias in USD/JPY remains neutral for the moment. Outlook is unchanged that corrective fall from 158.86 should have completed at 150.92 already. Risk will stay on the upside as long as 150.92 support holds. Above 154.79 will target a retest on 158.86 first. Firm break […]
Daily Pivots: (S1) 139.82; (P) 140.37; (R1) 141.17; More… Intraday bias in USD/JPY remains neutral at this point. Considering bullish convergence condition in 4H MACD, break of 143.03 resistance will indicate short term bottoming and turn bias back to the upside for rebound towards 147.20. However, decisive break of 139.26 fibonacci level would carry larger […]
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