Forecasts

USD/JPY Mid-Day Outlook



Daily Pivots: (S1) 114.34; (P) 114.70; (R1) 114.95; More… The break of 114.30 minor support suggests that recovery from 113.47 has completed at 115.05. Intraday bias is back on the downside for 113.47. Break will target 112.52 structural support. Considering bearish divergence condition in in daily MACD, further break of 112.52 will confirm that it’s […]

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