Daily Pivots: (S1) 104.19; (P) 104.46; (R1) 104.89; More… Intraday bias in USD/JPY stays neutral for the moment. Further fall is expected with 105.05 resistance intact. On the downside, firm break of 104.00 will resume larger decline from 111.71, towards 101.18 key support. However, firm break of 105.05 will indicate short term bottoming and turn
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 104.19; (P) 104.46; (R1) 104.89; More… Intraday bias in USD/JPY stays neutral for the moment. Further fall is expected with 105.05 resistance intact. On the downside, firm break of 104.00 will resume larger decline from 111.71, towards 101.18 key support. However, firm break of 105.05 will indicate short term bottoming and turn […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.