USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 103.87; (P) 104.06; (R1) 104.37; More.. Intraday bias in USD/JPY remains neutral as sideway consolidation continues. Larger decline from 111.71 is still in progress. Break of 103.65 should turn bias back to the downside for 103.17 low and below. This bearish case will remain favored as long as 105.67 resistance holds. In
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 103.87; (P) 104.06; (R1) 104.37; More.. Intraday bias in USD/JPY remains neutral as sideway consolidation continues. Larger decline from 111.71 is still in progress. Break of 103.65 should turn bias back to the downside for 103.17 low and below. This bearish case will remain favored as long as 105.67 resistance holds. In […]

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

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