USD/JPY Daily Outlook

Daily Pivots: (S1) 103.92; (P) 104.10; (R1) 104.30; More… Intraday bias in USD/JPY remains neutral for the moment. It’s staying well inside falling channel, and below 55 day EMA, keeping near term outlook bearish. On the downside, break of 103.65 will target 103.17 low for resuming larger down trend from 111.71. In the bigger picture,
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 103.92; (P) 104.10; (R1) 104.30; More… Intraday bias in USD/JPY remains neutral for the moment. It’s staying well inside falling channel, and below 55 day EMA, keeping near term outlook bearish. On the downside, break of 103.65 will target 103.17 low for resuming larger down trend from 111.71. In the bigger picture, […]

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

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