USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 107.52; (P) 107.84; (R1) 108.19; More… USD/JPY is losing some downside momentum as seen in 4 hour MACD. But further fall is expected as long as 108.53 minor resistance hold. Decline from 110.95 should target 61.8% retracement of 102.58 to 110.95 at 105.77. On the upside, though, break of 108.53 will indicate
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 107.52; (P) 107.84; (R1) 108.19; More… USD/JPY is losing some downside momentum as seen in 4 hour MACD. But further fall is expected as long as 108.53 minor resistance hold. Decline from 110.95 should target 61.8% retracement of 102.58 to 110.95 at 105.77. On the upside, though, break of 108.53 will indicate […]

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Your email address will not be published.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 *