USD/JPY TODAY - dips notably today but stays above 106.57 temporary low. Intraday bias remains neutral first. Further decline is expected as long as 107.64 resistance holds. Break of 106.57 will target 105.98 support and below. In that case, But downside should be contained by 61.8% retracement of 101.18 to 111.71 at 105.20 to bring rebound. On the upside, break of 107.64 will turn bias back to the upside for 109.85 resistance instead.
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