USD/JPY Daily Outlook

Daily Pivots: (S1) 102.49; (P) 102.84; (R1) 103.07; More.. Intraday bias in USD/JPY remains on the downside at this point. Current down trend from 111.17 is in progress for retesting 101.18 low. On the upside, break of 103.89 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 102.49; (P) 102.84; (R1) 103.07; More.. Intraday bias in USD/JPY remains on the downside at this point. Current down trend from 111.17 is in progress for retesting 101.18 low. On the upside, break of 103.89 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery. […]

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

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