USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 107.87; (P) 108.01; (R1) 108.19; More… USD/JPY’s decline from 110.95 extends lower today and breaks 38.2% retracement of 102.58 to 110.95 at 107.75. Intraday bias is now on the downside for deeper decline to 61.8% retracement at 105.77. On the upside, break of 108.53 minor resistance is needed to indicate short term
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 107.87; (P) 108.01; (R1) 108.19; More… USD/JPY’s decline from 110.95 extends lower today and breaks 38.2% retracement of 102.58 to 110.95 at 107.75. Intraday bias is now on the downside for deeper decline to 61.8% retracement at 105.77. On the upside, break of 108.53 minor resistance is needed to indicate short term […]

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

Related Articles

Responses

Your email address will not be published.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