Daily Pivots: (S1) 105.18; (P) 105.33; (R1) 105.58; More… Range trading continues in USD/JPY and intraday bias remains neutral at this point. On the upside, break of 106.10 will target 106.94 resistance. Sustained break there should confirm completion of the whole decline from 111.71. On the downside, break of 104.94 support will revive near term
The post USD/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 105.18; (P) 105.33; (R1) 105.58; More… Range trading continues in USD/JPY and intraday bias remains neutral at this point. On the upside, break of 106.10 will target 106.94 resistance. Sustained break there should confirm completion of the whole decline from 111.71. On the downside, break of 104.94 support will revive near term […]
The post USD/JPY Daily Outlook appeared first on Action Forex.