Every day Pivots: (S1) 154.18; (P) 154.48; (R1) 155.04; Extra…
Intraday bias stays mildly on the upside with 153.89 minor assist intact. USD/JPY continues to be in favor to rise in direction of 155.20 fibonacci projection degree. However upside could possibly be restricted there, not less than on first try, to convey pull again. On the draw back, under 153.89 will flip bias again to the draw back for 55 4H EMA (now at 153.20).
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 61.8% projection of 127.20 to 151.89 from 140.25 at 155.20. Outlook will now stay bullish so long as 146.47 assist holds, even in case of deep pullback.
