Trading Strategies

USD/JPY Daily Outlook

Daily Pivots: (S1) 105.30; (P) 105.46; (R1) 105.65; More… Intraday bias in USD/JPY remains neutral for the moment. With 104.94 support intact, further rise remains in favor. On the upside, break of 106.10 will target 106.94 resistance. Sustained break there should confirm completion of the whole decline from 111.71. On the downside, break of 104.94
The post USD/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 105.30; (P) 105.46; (R1) 105.65; More… Intraday bias in USD/JPY remains neutral for the moment. With 104.94 support intact, further rise remains in favor. On the upside, break of 106.10 will target 106.94 resistance. Sustained break there should confirm completion of the whole decline from 111.71. On the downside, break of 104.94 […]

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

Leave a Reply

Your email address will not be published. Required fields are marked *