Trading Strategies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 105.18; (P) 105.33; (R1) 105.58; More… USD/JPY is still bounded in range of 104.94/106.10 and intraday bias remains neutral. Further rise is in favor with 104.94 support intact. On the upside, break of 106.10 will target 106.94 resistance. Sustained break there should confirm completion of the whole decline from 111.71. On the
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 105.18; (P) 105.33; (R1) 105.58; More… USD/JPY is still bounded in range of 104.94/106.10 and intraday bias remains neutral. Further rise is in favor with 104.94 support intact. On the upside, break of 106.10 will target 106.94 resistance. Sustained break there should confirm completion of the whole decline from 111.71. On the […]

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

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