Day by day Pivots: (S1) 155.32; (P) 155.53; (R1) 155.87; Extra…
USD/JPY’s fall continues at the moment and intraday bias stays on the upside. Subsequent goal is 100% projection of 140.25 to 150.87 from 146.47 at 157.09. On the draw back, under 155.30 minor assist will flip intraday bias impartial first. However outlook will keep bullish so long as 153.58 assist holds, in case of retreat.
Within the greater image, present rise from 140.25 is seen because the third leg of the up development from 127.20 (2023 low). Subsequent goal is 100% projection of 127.20 to 151.89 from 140.25 at 164.94. Outlook will stay bullish so long as 150.87 resistance turned assist holds, even in case of deep pullback.
