Trading Strategies

USD/JPY Daily Outlook

Daily Pivots: (S1) 103.12; (P) 103.84; (R1) 104.23; More… Intraday bias in USD/JPY remains on the downside at this point. Down trend from 111.71 has just resumed. Next target is 100% projection of 106.10 to 104.02 from 105.34 at 103.26. Break will target 161.8% projection at 101.97. On the upside, break of 105.34 resistance is
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 103.12; (P) 103.84; (R1) 104.23; More… Intraday bias in USD/JPY remains on the downside at this point. Down trend from 111.71 has just resumed. Next target is 100% projection of 106.10 to 104.02 from 105.34 at 103.26. Break will target 161.8% projection at 101.97. On the upside, break of 105.34 resistance is […]

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

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