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USD/JPY Daily Outlook

October 29, 2020
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Daily Pivots: (S1) 104.11; (P) 104.33; (R1) 104.56; More… Intraday bias in USD/JPY is turned neutral with 4 hour MACD crossed above signal line. Further decline is expected with 105.05 resistance intact. On the downside, firm break of 104.00 will resume larger decline from 111.71, towards 101.18 key support. However, firm break of 105.05 will
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 104.11; (P) 104.33; (R1) 104.56; More… Intraday bias in USD/JPY is turned neutral with 4 hour MACD crossed above signal line. Further decline is expected with 105.05 resistance intact. On the downside, firm break of 104.00 will resume larger decline from 111.71, towards 101.18 key support. However, firm break of 105.05 will […]

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

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