USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 76.74; (P) 77.00; (R1) 77.19; More.
Intraday bias in USD/JPY remains mildly on the downside for 75.94 support. As noted before, consolidation from 75.94 might have finished at 77.85 already and break of this support will confirm resumption of whole fall from 85.51 to 61.8% projection of 80.23 to 75.94 from 77.85 at 75.19 first. On the upside, above 77.06 minor resistance, though, will turn bias neutral and would possibly extend the consolidation from 75.94 for a while.
In the bigger picture, USD/JPY is
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