USD/JPY Daily Outlook

Daily Pivots: (S1) 104.29; (P) 104.44; (R1) 104.63; More… Intraday bias in USD/JPY remains neutral first. The pair is staying inside falling channel, and below 55 day EMA. Down trend from 111.71 is expected to continue as long as 105.67 resistance holds. On the downside, below 103.65 minor support will bring retest of 103.17 low.
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 104.29; (P) 104.44; (R1) 104.63; More… Intraday bias in USD/JPY remains neutral first. The pair is staying inside falling channel, and below 55 day EMA. Down trend from 111.71 is expected to continue as long as 105.67 resistance holds. On the downside, below 103.65 minor support will bring retest of 103.17 low. […]

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

Related Articles

Responses

Your email address will not be published. Required fields are marked *