USD/JPY Presses Near 163.714 as Pressure Builds
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USD/JPY Hourly, Daily And Weekly Candle Charts USD/JPY is trading near 163.660 against the daily pivot at 163.795, so the chart set below separates the intraday reaction from the daily close and the wider weekly position. USD/JPY H1 candlestick chartAcross the hourly tape with price near 163.660 has a downside tilt while recoveries fail quickly. The price-action test is buyers held the latest candle above its open inside a 163.604-163.694 candle range, the recent sequence is still leaning lower, while price remains below pivot 163.795. The trade idea needs the next hourly close should either defend the reaction zone or expose a false start; In relation to invalidation, a break...
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