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USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 106.04; (P) 106.36; (R1) 106.88; More.. USD/JPY’s rally from 102.58 is still in progress and intraday bias stays on the upside. Current rally should target 61.8% retracement of 111.71 to 102.58 at 108.22. Sustained break there will raise the chance of larger bullish reversal, and target 111.71 resistance. On the downside, below […]
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