USD/JPY Daily Outlook

Daily Pivots: (S1) 104.64; (P) 104.85; (R1) 105.04; More… Despite breaching 105.03 support turned resistance, USD/JPY couldn’t sustain above the level and retreated. Intraday bias stays neutral first. On the downside, break of 104.34 will will target 104.00 low first. Break will resume larger decline from 111.71. Nevertheless, sustained break of 105.03 support turned resistance
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 104.64; (P) 104.85; (R1) 105.04; More… Despite breaching 105.03 support turned resistance, USD/JPY couldn’t sustain above the level and retreated. Intraday bias stays neutral first. On the downside, break of 104.34 will will target 104.00 low first. Break will resume larger decline from 111.71. Nevertheless, sustained break of 105.03 support turned resistance […]

The post USD/JPY Daily Outlook appeared first on Action Forex.

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