Daily Pivots: (S1) 108.63; (P) 108.90; (R1) 109.31; More.. USD/JPY’s break of 109.22 temporary top suggests resumption of rally from 102.58. Intraday bias is back on the upside. Current rise should target long term channel resistance at 110.02 next. Decisive break there will carry larger implications. On the downside, though, break of 108.33 support will
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 108.63; (P) 108.90; (R1) 109.31; More.. USD/JPY’s break of 109.22 temporary top suggests resumption of rally from 102.58. Intraday bias is back on the upside. Current rise should target long term channel resistance at 110.02 next. Decisive break there will carry larger implications. On the downside, though, break of 108.33 support will […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.