Daily Pivots: (S1) 104.56; (P) 104.76; (R1) 104.95; More… Intraday bias in USD/JPY stays neutral at this point. 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 break of 105.05 will indicate short
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 104.56; (P) 104.76; (R1) 104.95; More… Intraday bias in USD/JPY stays neutral at this point. 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 break of 105.05 will indicate short […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.