USD/JPY Daily Outlook

Daily Pivots: (S1) 104.14; (P) 104.36; (R1) 104.54; More… Outlook in USD/JPY remains unchanged and intraday bias stays neutral first. Larger decline from 111.71 is still in progress. Break of 103.65 should turn bias back to the downside for 103.17 low and below. This bearish case will remain favored as long as 105.67 resistance holds.
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 104.14; (P) 104.36; (R1) 104.54; More… Outlook in USD/JPY remains unchanged and intraday bias stays neutral first. Larger decline from 111.71 is still in progress. Break of 103.65 should turn bias back to the downside for 103.17 low and below. This bearish case will remain favored as long as 105.67 resistance holds. […]

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

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