Daily Pivots: (S1) 103.99; (P) 104.67; (R1) 105.18; More… USD/JPY drops to as low as 130.60 so far today. The strong break of 104.00 support indicates resumption of whole decline form 111.71. Intraday bias is now on the downside for 100% projection of 106.10 to 104.02 from 105.34 at 103.26. Break will target 161.8% projection
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 103.99; (P) 104.67; (R1) 105.18; More… USD/JPY drops to as low as 130.60 so far today. The strong break of 104.00 support indicates resumption of whole decline form 111.71. Intraday bias is now on the downside for 100% projection of 106.10 to 104.02 from 105.34 at 103.26. Break will target 161.8% projection […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.