Daily Pivots: (S1) 129.28; (P) 130.24; (R1) 132.15; More… USD/JPY’s break of 131.56 resistance confirms short term bottoming at 127.20, on bullish convergence condition in 4 hour MACD. Intraday bias is back on the upside for 55 day EMA (now at 133.28) first. Firm break there will target 38.2% retracement of 151.93 to 127.20 at […]
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