Intraday news and views – USD/JPY

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Intraday USD/JPY outlook - 144.10

Although dlr's erratic rise from 140.36 (Thur) to 143.46 Fri suggests 1st leg of correction from Thursday's fresh 24-year peak at 145.89 has ended, as 144.07 in Asia has capped upside, range trading is seen n below 143.62/37 may head back twd 143.28 (AUS).

Stand aside and sell at 144.00 for day trade as only above 144.15 may risks 144.40/50 later.

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AceTrader Team

AceTrader

Led by world-renowned technical analyst Wilson Leung, we have a team of 7 analysts monitoring the market and updating our recommendations and commentaries 24 hours a day.

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