Trading Strategies

USD/JPY Daily Outlook

Daily Pivots: (S1) 106.46; (P) 106.68; (R1) 106.98; More.. USD/JPY’s rally is still in progress and intraday bias remains on the upside. Current rise from 102.58 is in progress for 61.8% retracement of 111.71 to 102.58 at 108.22. Sustained break there will raise the chance of larger bullish reversal, and target 111.71 resistance. On the
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 106.46; (P) 106.68; (R1) 106.98; More.. USD/JPY’s rally is still in progress and intraday bias remains on the upside. Current rise from 102.58 is in progress for 61.8% retracement of 111.71 to 102.58 at 108.22. Sustained break there will raise the chance of larger bullish reversal, and target 111.71 resistance. On the […]

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

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