USD/JPY Daily Outlook

Daily Pivots: (S1) 103.98; (P) 104.20; (R1) 104.56; More… Intraday bias in USD/JPY remains neutral for the moment. Overall, outlook remains bearish as the pair is staying well inside falling channel, and below 55 day EMA. Larger decline from 111.71 is still in progress. Break of 103.65 should turn bias back to the downside for
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 103.98; (P) 104.20; (R1) 104.56; More… Intraday bias in USD/JPY remains neutral for the moment. Overall, outlook remains bearish as the pair is staying well inside falling channel, and below 55 day EMA. Larger decline from 111.71 is still in progress. Break of 103.65 should turn bias back to the downside for […]

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

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