USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 104.26; (P) 104.57; (R1) 104.76; More… Intraday bias in USD/JPY remains on the downside for 104.00 low. Decisive break there will resume larger decline from 111.71, towards 101.18 key support. On the upside, break of 105.05 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 104.26; (P) 104.57; (R1) 104.76; More… Intraday bias in USD/JPY remains on the downside for 104.00 low. Decisive break there will resume larger decline from 111.71, towards 101.18 key support. On the upside, break of 105.05 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of […]

The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

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