Daily Pivots: (S1) 129.14; (P) 130.04; (R1) 130.77; More… USD/JPY is still bounded in consolidation from 131.24 and intraday bias remains neutral first. 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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