Daily Pivots: (S1) 120.69; (P) 121.06; (R1) 121.51; More… USD/JPY’s rally continues today and hit target of 100% projection of 109.11 to 116.34 from 114.40 at 121.63. There no sign of topping yet. Intraday bias stays on the upside for the moment. Sustained trading above 121.63 will pave the way to 125.85 long term resistance. […]
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