Daily Pivots: (S1) 103.68; (P) 103.88; (R1) 104.12; More.. USD/JPY is staying in consolidation in range of 103.51/104.39 and intraday bias remains neutral. On the upside, break of 104.39 and sustained trading above the channel resistance will argue that the down trend from 111.71 has finally completed. Stronger rise would be seen to 105.67 resistance
The post USD/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 103.68; (P) 103.88; (R1) 104.12; More.. USD/JPY is staying in consolidation in range of 103.51/104.39 and intraday bias remains neutral. On the upside, break of 104.39 and sustained trading above the channel resistance will argue that the down trend from 111.71 has finally completed. Stronger rise would be seen to 105.67 resistance […]
The post USD/JPY Daily Outlook appeared first on Action Forex.