Trading Strategies

USD/JPY Daily Outlook

Daily Pivots: (S1) 108.30; (P) 108.56; (R1) 108.75; More.. Intraday bias in USD/JPY remains neutral for the moment. With 108.08 minor support intact, consolidation should be relatively brief. On the upside, break of 109.22 will resume recent rally to channel resistance at 110.02 next. Decisive break there will carry larger bullish implications. Break of 108.08
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 108.30; (P) 108.56; (R1) 108.75; More.. Intraday bias in USD/JPY remains neutral for the moment. With 108.08 minor support intact, consolidation should be relatively brief. On the upside, break of 109.22 will resume recent rally to channel resistance at 110.02 next. Decisive break there will carry larger bullish implications. Break of 108.08 […]

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

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