Intraday bias in USD/JPY remains neutral as consolidation from 150.87 is extending. In case of another retreat, downside should be contained by 148.79 resistance turned support to bring rebound. On the upside, break of 150.87 will resume 140.25 to 151.89/93 key resistance zone.Decisive break there will confirm larger up trend resumption of 155.50 projection level next.
Kommentar:
The market invalidated the setup.