Research preview

Opening Read USD/JPY is trading near 163.687 with a active, with the first reaction less important than the retest profile; the immediate question is whether price is building acceptance or merely reacting inside the existing range. Price is holding above the daily pivot at 163.608, which keeps the first read tilted toward resistance pressure rather than support repair. The working support band is 163.457 / 163.347 / 163.185, while the resistance band is 163.802 / 163.936 / 163.756. Daily R1 at 164.221 and S1 at 163.226 define the first tactical range. Internal models have flipped from Buy to Strong Buy for USD/JPY. The shift puts upside continuation in focus, with...