USD/JPY Mid-Day Outlook

6:30 AM No Comments

USD/JPY's consolidative trading continues above 100.82 temporary low. Intraday bias remains neutral for the moment. As long as 102.36 resistance holds, deeper decline is still expected. Break of 100.75 key support will confirm resumption of whole decline from 105.41 and should target 100% projection of 105.41 to 100.75 from 104.12



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