
While further rise cannot be ruled out in USD/JPY, strong resistance could emerge from 159.59 to 160.62 zone (50% and 61.8% retracement of 163.97 to 155.22) to limit upside. On the downside, firm break of 158.58 will turn bias back to the downside for deeper pullback. However, firm break of 159.59 will pave the way […]
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