USD/JPY’s pullback from 149.17 extended lower last week but recovered after drawing support from 55 D EMA (now at 145.99) and rebounded. Initial bias remains neutral this week and further rise is expected. Above 147.94 minor resistance will bring retest of 149.17 first. Firm break there will target 100% projection of 139.87 to 148.64 from […]
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Daily Pivots: (S1) 159.12; (P) 159.39; (R1) 159.68; More… USD/JPY weakens slightly today but overall outlook is unchanged. Consolidations from 160.45 is still extending and intraday bias remains neutral. Further rise is expected with 157.49 Read more…
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