USD/JPY Daily Outlook

Daily Pivots: (S1) 103.19; (P) 103.58; (R1) 104.20; More.. The breach of 103.89 resistance suggests that a short term bottom is in place at 102.58, on bullish convergence condition in 4 hour MACD. Intraday bias is back on the upside for further rise to channel resistance (now at 104.27). Sustained break there will suggest that
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 103.19; (P) 103.58; (R1) 104.20; More.. The breach of 103.89 resistance suggests that a short term bottom is in place at 102.58, on bullish convergence condition in 4 hour MACD. Intraday bias is back on the upside for further rise to channel resistance (now at 104.27). Sustained break there will suggest that […]

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

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