Daily Pivots: (S1) 104.15; (P) 104.45; (R1) 104.76; More… Intraday bias in USD/JPY is turned neutral on loss of upside momentum. In case of another rise, we’d look for strong resistance from there to limit upside. As noted before, USD/JPY is staying inside falling channel, and below 55 day EMA. Down trend from 111.71 is
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 104.15; (P) 104.45; (R1) 104.76; More… Intraday bias in USD/JPY is turned neutral on loss of upside momentum. In case of another rise, we’d look for strong resistance from there to limit upside. As noted before, USD/JPY is staying inside falling channel, and below 55 day EMA. Down trend from 111.71 is […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.