Trading Strategies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 103.65; (P) 103.87; (R1) 104.24; More.. Intraday bias in USD/JPY stays neutral first and further decline is expected. Overall, the pair is staying inside the falling channel from 111.71. Break of 103.51 will target 103.17 first. Break there will resume the whole decline to 101.18 low. For now, break of 104.57 resistance
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 103.65; (P) 103.87; (R1) 104.24; More.. Intraday bias in USD/JPY stays neutral first and further decline is expected. Overall, the pair is staying inside the falling channel from 111.71. Break of 103.51 will target 103.17 first. Break there will resume the whole decline to 101.18 low. For now, break of 104.57 resistance […]

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

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