Daily Pivots: (S1) 105.25; (P) 105.35; (R1) 105.52; More… Intraday bias in USD/JPY remains neutral for more consolidations. Another rise is still in favor with 104.94 support intact. On the upside, break of 106.10 will resume the rebound from 104.00 for 106.94 resistance. Sustained break there should confirm completion of the whole decline from 111.71.
The post USD/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 105.25; (P) 105.35; (R1) 105.52; More… Intraday bias in USD/JPY remains neutral for more consolidations. Another rise is still in favor with 104.94 support intact. On the upside, break of 106.10 will resume the rebound from 104.00 for 106.94 resistance. Sustained break there should confirm completion of the whole decline from 111.71. […]
The post USD/JPY Daily Outlook appeared first on Action Forex.