Daily Pivots: (S1) 105.32; (P) 105.71; (R1) 106.24; More.. Focus stays on 106.21 resistance in USD/JPY. Firm break there will resume rise from 102.58, to 61.8% retracement of 111.71 to 102.58 at 108.22. Rejection by 106.21 will bring more consolidations but further rally will remain in favor as long as 104.91 support holds. However, break
The post USD/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 105.32; (P) 105.71; (R1) 106.24; More.. Focus stays on 106.21 resistance in USD/JPY. Firm break there will resume rise from 102.58, to 61.8% retracement of 111.71 to 102.58 at 108.22. Rejection by 106.21 will bring more consolidations but further rally will remain in favor as long as 104.91 support holds. However, break […]
The post USD/JPY Daily Outlook appeared first on Action Forex.