USD/JPY is staying in tight range below 161.94 key resistance and intraday bias remains neutral. On the downside, firm break of 160.58 support should confirm short term topping, on bearish divergence condition in 4H MACD. Deeper fall should then be seen to 55 D EMA (now at 159.71) and below. Nevertheless, decisive break of 161.94 […]
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