Trading Strategies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 103.57; (P) 103.90; (R1) 104.07; More… No change in USD/JPY’s outlook and further fall is expected with 104.56 minor resistance intact, to retest 103.17 low. Decisive break there will resume larger decline from 111.71. However, break of 104.56 will turn bias back to the upside for 105.67 resistance instead. In the bigger
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 103.57; (P) 103.90; (R1) 104.07; More… No change in USD/JPY’s outlook and further fall is expected with 104.56 minor resistance intact, to retest 103.17 low. Decisive break there will resume larger decline from 111.71. However, break of 104.56 will turn bias back to the upside for 105.67 resistance instead. In the bigger […]

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

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