Daily Pivots: (S1) 130.82; (P) 131.77; (R1) 133.61; More… USD/JPY’s rebound from 129.49 extends higher today but stays below 134.49 resistance. Intraday bias remains neutral first. Considering bullish convergence condition in 4 hour MACD, firm break of 134.49 should confirm short term bottoming. Bias will be turned back to the upside for 138.16 cluster resistance […]
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