Trading Strategies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 104.29; (P) 104.51; (R1) 104.90; More… USd/JPY is staying in consolidation above 104.02 temporary low and intraday bias remains neutral first. With 105.85 resistance intact, further decline is expected and downside breakout is in favor. Firm break of 104.00 will resume larger decline from 111.71, towards 101.18 low. On the upside, firm
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 104.29; (P) 104.51; (R1) 104.90; More… USd/JPY is staying in consolidation above 104.02 temporary low and intraday bias remains neutral first. With 105.85 resistance intact, further decline is expected and downside breakout is in favor. Firm break of 104.00 will resume larger decline from 111.71, towards 101.18 low. On the upside, firm […]

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

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