Daily Pivots: (S1) 104.29; (P) 104.51; (R1) 104.90; More… Intraday bias in USD/JPY remains neutral first and further decline is mildly in favor with 105.85 resistance intact. Firm break of 104.00 will resume larger decline from 111.71, towards 101.18 low. On the upside, firm break of 105.05 will indicate short term bottoming and turn bias
The post USD/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 104.29; (P) 104.51; (R1) 104.90; More… Intraday bias in USD/JPY remains neutral first and further decline is mildly in favor with 105.85 resistance intact. Firm break of 104.00 will resume larger decline from 111.71, towards 101.18 low. On the upside, firm break of 105.05 will indicate short term bottoming and turn bias […]
The post USD/JPY Daily Outlook appeared first on Action Forex.