USD/JPY Daily Outlook

Daily Pivots: (S1) 108.91; (P) 109.14; (R1) 109.35; More.. Intraday bias in USD/JPY remains mildly on the upside at this point. Current rally from 102.58 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 now indicate short term topping,
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 108.91; (P) 109.14; (R1) 109.35; More.. Intraday bias in USD/JPY remains mildly on the upside at this point. Current rally from 102.58 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 now indicate short term topping, […]

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

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