Daily Pivots: (S1) 105.07; (P) 105.37; (R1) 105.74; More… Despite loss of upside momentum in 4 hour MACD, further rise is still in favor in USD/JPY with 104.73 minor support intact. Firm break of 106.10 resistance should confirm completion of fall from 111.71 and turn outlook bullish for further rally. On the downside, break of
The post USD/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 105.07; (P) 105.37; (R1) 105.74; More… Despite loss of upside momentum in 4 hour MACD, further rise is still in favor in USD/JPY with 104.73 minor support intact. Firm break of 106.10 resistance should confirm completion of fall from 111.71 and turn outlook bullish for further rally. On the downside, break of […]
The post USD/JPY Daily Outlook appeared first on Action Forex.