Daily Pivots: (S1) 103.94; (P) 104.29; (R1) 104.89; More… Intraday bias in USD/JPY remains mildly on the upside for 105.67 resistance. On the downside, below 103.65 minor support will bring retest of 103.17 low. Overall, USD/JPY is staying inside falling channel, and below 55 day EMA. Down trend from 111.71 is expected to continue as
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 103.94; (P) 104.29; (R1) 104.89; More… Intraday bias in USD/JPY remains mildly on the upside for 105.67 resistance. On the downside, below 103.65 minor support will bring retest of 103.17 low. Overall, USD/JPY is staying inside falling channel, and below 55 day EMA. Down trend from 111.71 is expected to continue as […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.