Daily Pivots: (S1) 108.91; (P) 109.14; (R1) 109.35; More.. Intraday bias in USD/JPY is turned neutral with today’s retreat. Some consolidations could be seen but further rally is expected as long as 108.33 minor support holds. On the upside, break of 109.35 will resume the rally from 102.58 to long term channel resistance at 110.02
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 108.91; (P) 109.14; (R1) 109.35; More.. Intraday bias in USD/JPY is turned neutral with today’s retreat. Some consolidations could be seen but further rally is expected as long as 108.33 minor support holds. On the upside, break of 109.35 will resume the rally from 102.58 to long term channel resistance at 110.02 […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.