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USD/JPY Daily Outlook
Source: Buzz FX / 08 May 2024 02:07:21 America/Chicago
Daily Pivots: (S1) 154.11; (P) 154.43; (R1) 155.01;
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USD/JPY’s break of 55 4H EMA (now at 154.81) argues that pull back from 160.20 has completed at 151.86 already. Rebound from there is seen as the second leg of the corrective pattern
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