USD/JPY Daily Outlook

Daily Pivots: (S1) 104.26; (P) 104.57; (R1) 104.76; More… USD/JPY’s fall from 106.10 resumes by taking out 104.34. Intraday bias is back on the downside for 104.00 low. Break will resume larger decline from 111.71, towards 101.18 key support. On the upside, break of 105.05 resistance is needed to indicate short term bottoming. Otherwise, outlook
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 104.26; (P) 104.57; (R1) 104.76; More… USD/JPY’s fall from 106.10 resumes by taking out 104.34. Intraday bias is back on the downside for 104.00 low. Break will resume larger decline from 111.71, towards 101.18 key support. On the upside, break of 105.05 resistance is needed to indicate short term bottoming. Otherwise, outlook […]

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

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