Daily Pivots: (S1) 103.38; (P) 103.54; (R1) 103.66; More.. Intraday bias in USD/JPY remains neutral first as consolidation from 102.87 is still extending. Outlook stays bearish as it’s staying well inside falling channel from 111.71. Break of 102.87 will bring deeper fall to retest 101.18 low. On the upside, break of 104.57 resistance is needed
The post USD/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 103.38; (P) 103.54; (R1) 103.66; More.. Intraday bias in USD/JPY remains neutral first as consolidation from 102.87 is still extending. Outlook stays bearish as it’s staying well inside falling channel from 111.71. Break of 102.87 will bring deeper fall to retest 101.18 low. On the upside, break of 104.57 resistance is needed […]
The post USD/JPY Daily Outlook appeared first on Action Forex.