Daily Pivots: (S1) 103.92; (P) 104.10; (R1) 104.30; More… USD/JPY is staying in range above 103.65 temporary today and intraday bias remains neutral first. Overall, outlook remains bearish as the pair is staying well inside falling channel, and below 55 day EMA. Larger decline from 111.71 is still in progress. Break of 103.65 should turn
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 103.92; (P) 104.10; (R1) 104.30; More… USD/JPY is staying in range above 103.65 temporary today and intraday bias remains neutral first. Overall, outlook remains bearish as the pair is staying well inside falling channel, and below 55 day EMA. Larger decline from 111.71 is still in progress. Break of 103.65 should turn […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.