Daily Pivots: (S1) 156.84; (P) 158.38; (R1) 159.25; More… USD/JPY is currently in correction to the rally from 152.52. Deeper decline should be seen to 38.2% retracement of 152.25 to 159.88 at 156.96. For now, near term outlook will be neutral with risk on the downside as long as 159.88 resistance holds, in case of […]

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