USD/JPY Daily Outlook

Daily Pivots: (S1) 109.26; (P) 109.55; (R1) 109.98; More… Intraday bias in USD/JPY stays on the upside at this point. Current rise from 102.58 should target long term channel resistance at 110.00. Decisive break there will carry larger bullish implication and target 111.71 resistance next. On the downside, break of 108.40 support is needed to
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 109.26; (P) 109.55; (R1) 109.98; More… Intraday bias in USD/JPY stays on the upside at this point. Current rise from 102.58 should target long term channel resistance at 110.00. Decisive break there will carry larger bullish implication and target 111.71 resistance next. On the downside, break of 108.40 support is needed to […]

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

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