Daily Pivots: (S1) 129.28; (P) 130.24; (R1) 132.15; More… Intraday bias in USD/JPY remains on the upside. Rise from 127.20 short term bottom should target 55 day EMA (now at 133.28) first. Firm break there will target 38.2% retracement of 151.93 to 127.20 at 136.64, even just as a correction to the decline from 151.93. […]
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