Trading Strategies

USD/JPY Daily Outlook

Daily Pivots: (S1) 105.92; (P) 106.16; (R1) 106.48; More.. Break of 106.21 resistance suggests resumption of whole rebound from 102.58. Intraday bias is back on the upside. Further rally could be seen to 61.8% retracement of 111.71 to 102.58 at 108.22. However, break of 104.91 support will argue that the rebound has completed, and turn
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 105.92; (P) 106.16; (R1) 106.48; More.. Break of 106.21 resistance suggests resumption of whole rebound from 102.58. Intraday bias is back on the upside. Further rally could be seen to 61.8% retracement of 111.71 to 102.58 at 108.22. However, break of 104.91 support will argue that the rebound has completed, and turn […]

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

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