Daily Pivots: (S1) 108.76; (P) 109.02; (R1) 109.28; More.. Range trading continues in USD/JPY and intraday bias stays neutral. Further rise 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 next. Decisive break there will carry
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 108.76; (P) 109.02; (R1) 109.28; More.. Range trading continues in USD/JPY and intraday bias stays neutral. Further rise 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 next. Decisive break there will carry […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.