Daily Pivots: (S1) 156.64; (P) 157.25; (R1) 158.42; More… USD/JPY is extending the consolidation pattern from 160.20 and intraday bias remains neutral. In case of another fall, downside should be contained by 38.2% retracement of 146.47 to 160.20 at 154.95 to bring recovery. For now, break of 160.20 is not envisaged in the near term. […]
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