USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 107.87; (P) 108.07; (R1) 108.27; More… Focus stays on 38.2% retracement of 102.58 to 110.95 at 107.75. We’d still look for strong support from there to bring rebound. On the upside, above 108.99 support turned resistance will turn bias back to the upside for retesting 110.95 high. However, sustained break of 107.75
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 107.87; (P) 108.07; (R1) 108.27; More… Focus stays on 38.2% retracement of 102.58 to 110.95 at 107.75. We’d still look for strong support from there to bring rebound. On the upside, above 108.99 support turned resistance will turn bias back to the upside for retesting 110.95 high. However, sustained break of 107.75 […]

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

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