USD/JPY’s rally from 139.57 resumed last week but retreated quickly after hitting 157.91. Initial bias stays neutral this week for consolidations. But outlook will remain bullish as long as 153.15 support holds. Break of 157.91 will target 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 next. In the bigger picture, price actions from […]
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