Trading Strategies

USD/JPY Daily Outlook

Daily Pivots: (S1) 103.69; (P) 103.89; (R1) 104.17; More.. USD/JPY’s rebound from 102.58 is still in progress and intraday bias stays on the upside. Sustained break of channel resistance (now at 104.42) will argue that the down trend from 111.71 has finally completed. Stronger rise would be seen to 105.67 resistance for confirmation. Nevertheless, rejection
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 103.69; (P) 103.89; (R1) 104.17; More.. USD/JPY’s rebound from 102.58 is still in progress and intraday bias stays on the upside. Sustained break of channel resistance (now at 104.42) will argue that the down trend from 111.71 has finally completed. Stronger rise would be seen to 105.67 resistance for confirmation. Nevertheless, rejection […]

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

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