Daily Pivots: (S1) 104.37; (P) 104.60; (R1) 104.75; More… USD/JPY’s break of 105.05 resistance suggests that fall from 106.10 has completed at 104.02, ahead of 104.00. Intraday bias is turned back to the upside for 106.10 resistance first. On the downside, break of 104.37 will turn bias back to the downside for retesting 104.00 instead.
The post USD/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 104.37; (P) 104.60; (R1) 104.75; More… USD/JPY’s break of 105.05 resistance suggests that fall from 106.10 has completed at 104.02, ahead of 104.00. Intraday bias is turned back to the upside for 106.10 resistance first. On the downside, break of 104.37 will turn bias back to the downside for retesting 104.00 instead. […]
The post USD/JPY Daily Outlook appeared first on Action Forex.