USD/JPY’s break of 156.81 minor support argues that rebound from 152.87 has completed at 159.02. That came ahead of 61.8% retracement of 163.97 to 152.87 at 159.72. Intraday bias is back on the downside for retesting 152.87. For now, risk will stay on the downside as long as 159.02 holds, in case of recovery. In […]
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