Daily Pivots: (S1) 105.32; (P) 105.41; (R1) 105.52; More… USD/JPY recovers today but stays below 106.10 resistance. Intraday bias remains neutral at this point. Another rise is still in favor with 104.94 support intact. On the upside, break of 106.10 will resume the rebound from 104.00 for 106.94 resistance. Sustained break there should confirm completion
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 105.32; (P) 105.41; (R1) 105.52; More… USD/JPY recovers today but stays below 106.10 resistance. Intraday bias remains neutral at this point. Another rise is still in favor with 104.94 support intact. On the upside, break of 106.10 will resume the rebound from 104.00 for 106.94 resistance. Sustained break there should confirm completion […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.