Trading Strategies

USD/JPY Daily Outlook

Daily Pivots: (S1) 103.53; (P) 103.93; (R1) 104.14; More.. USD/JPY was rejected by falling channel resistance and dropped sharply after hitting 104.39. With break of 103.59 minor support, intraday bias is turned back to the downside for retesting 102.58 low. Break will resume larger down trend from 111.17. On the upside, sustained break of the
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 103.53; (P) 103.93; (R1) 104.14; More.. USD/JPY was rejected by falling channel resistance and dropped sharply after hitting 104.39. With break of 103.59 minor support, intraday bias is turned back to the downside for retesting 102.58 low. Break will resume larger down trend from 111.17. On the upside, sustained break of the […]

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

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