Daily Pivots: (S1) 103.57; (P) 103.90; (R1) 104.07; More… Further decline is expected in USD/JPY with 104.56 minor resistance intact, to retest 103.17 low. Decisive break there will resume larger decline from 111.71. However, break of 104.56 will turn bias back to the upside for 105.67 resistance instead. In the bigger picture, USD/JPY is still
The post USD/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 103.57; (P) 103.90; (R1) 104.07; More… Further decline is expected in USD/JPY with 104.56 minor resistance intact, to retest 103.17 low. Decisive break there will resume larger decline from 111.71. However, break of 104.56 will turn bias back to the upside for 105.67 resistance instead. In the bigger picture, USD/JPY is still […]
The post USD/JPY Daily Outlook appeared first on Action Forex.