USD/JPY Mid-Day Outlook

7:06 AM No Comments

Intraday bias in USD/JPY remains neutral and another fall is still mildly in favor. Below 118.32 will target lower end of recent range of 115.55/121.84. Again, we'd expect strong support from 115.55 cluster support (38.2% retracement of 105.19 to 121.84 at 115.47) to contain downside and bring rebound. Meanwhile, above



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