USD/JPY Daily Outlook

Daily Pivots: (S1) 132.06; (P) 133.06; (R1) 134.42; More… Intraday bias in USD/JPY stays neutral first with focus on 134.49 resistance. Considering bullish convergence condition in 4 hour MACD, firm break of 134.49 should confirm short term bottoming. Bias will be turned back to the upside for 138.16 cluster resistance (38.2% retracement of 151.93 to […] The post USD/JPY Daily Outlook appeared first on Action Forex.
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