Daily Pivots: (S1) 104.06; (P) 104.24; (R1) 104.41; More.. No change in USD/JPY’s outlook as range trading continues. Intraday bias remains neutral at this point. We’re holding on to the view that 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.
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 104.06; (P) 104.24; (R1) 104.41; More.. No change in USD/JPY’s outlook as range trading continues. Intraday bias remains neutral at this point. We’re holding on to the view that 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. […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.