Daily Pivots: (S1) 129.79; (P) 130.04; (R1) 130.38; More… USD/JPY is staying in consolidation from 131.24. Intraday bias stays neutral at this point. Near term outlook remains bullish with 126.91 support intact. Break of 131.24 will resume recent up trend to 261.8% projection of 109.11 to 116.34 from 114.40 at 133.26. However, considering bearish divergence […]

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