USD/JPY Daily Outlook

Daily Pivots: (S1) 104.82; (P) 105.00; (R1) 105.16; More.. USD/JPY is losing some upside momentum as seen in 4 hour MACD. But intraday bias stays on the upside with 104.59 minor support intact. Current rise from 102.58 short term bottom is at least correcting the down trend from 111.71. Further rally should target 38.2% retracement
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 104.82; (P) 105.00; (R1) 105.16; More.. USD/JPY is losing some upside momentum as seen in 4 hour MACD. But intraday bias stays on the upside with 104.59 minor support intact. Current rise from 102.58 short term bottom is at least correcting the down trend from 111.71. Further rally should target 38.2% retracement […]

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

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