USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 104.24; (P) 104.69; (R1) 105.01; More… USD/JPY’s fall from 105.67 extends lower today and it’s target a test on 103.17 low. Decisive break there will resume larger decline from 111.71. On the upside, decisive break of 106.10 resistance is needed to indicate bullish reversal. Otherwise, outlook will stay bearish in case of
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 104.24; (P) 104.69; (R1) 105.01; More… USD/JPY’s fall from 105.67 extends lower today and it’s target a test on 103.17 low. Decisive break there will resume larger decline from 111.71. On the upside, decisive break of 106.10 resistance is needed to indicate bullish reversal. Otherwise, outlook will stay bearish in case of […]

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

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