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USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 103.45; (P) 103.80; (R1) 103.99; More.. USD/JPY’s decline is still in progress and intraday bias stays on the downside for 103.17 support. Firm break there will resume whole down trend from 111.71. Next target is 101.18 low. On the upside, break of 104.57 resistance is needed to indicate short term bottoming. Otherwise,
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 103.45; (P) 103.80; (R1) 103.99; More.. USD/JPY’s decline is still in progress and intraday bias stays on the downside for 103.17 support. Firm break there will resume whole down trend from 111.71. Next target is 101.18 low. On the upside, break of 104.57 resistance is needed to indicate short term bottoming. Otherwise, […]

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

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