USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 103.11; (P) 103.44; (R1) 103.69; More… USD/JPY’s strong rally today suggests short term bottoming at 103.17. Intraday bias is back on the upside for 105.34 resistance. Firm break there, and sustained trading above 55 day EMA, will be the first sign of near term bullish reversal. Stronger rally would be seen to
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 103.11; (P) 103.44; (R1) 103.69; More… USD/JPY’s strong rally today suggests short term bottoming at 103.17. Intraday bias is back on the upside for 105.34 resistance. Firm break there, and sustained trading above 55 day EMA, will be the first sign of near term bullish reversal. Stronger rally would be seen to […]

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

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