USD/JPY Breaks Near 158.222 with Trend in Focus

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USD/JPY Hourly, Daily And Weekly Candle Charts USD/JPY is trading near 158.373 against the daily pivot at 158.170, 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 158.373 remains two-sided around the working levels. The desk is watching buyers held the latest candle above its open inside a 158.309-158.385 candle range, the recent sequence is compressed and two-sided, while price remains above pivot 158.170. The next useful filter is the next hourly close should either defend the reaction zone or expose a false start; From a risk-control angle, a break back...