USD/JPY Daily Outlook

Daily Pivots: (S1) 104.24; (P) 104.69; (R1) 105.01; More… Intraday bias in USD/JPY stays neutral for the moment. Overall, with the pair staying below 55 day EMA and falling channel, decline from 111.71 is still in progress. Retest of 103.17 low should be seen in next fall. Nevertheless, on the upside, break of 105.67 will
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 104.24; (P) 104.69; (R1) 105.01; More… Intraday bias in USD/JPY stays neutral for the moment. Overall, with the pair staying below 55 day EMA and falling channel, decline from 111.71 is still in progress. Retest of 103.17 low should be seen in next fall. Nevertheless, on the upside, break of 105.67 will […]

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

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