USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 102.49; (P) 102.84; (R1) 103.07; More.. Intraday bias in USD/JPY is turned neutral with against with today’s recovery. Outlook will remain bearish as long as 103.89 resistance holds. Break of 102.58 will extend the down trend from 111.17 to retest 101.18 low. However, firm break of 103.89 will indicate short term bottoming,
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 102.49; (P) 102.84; (R1) 103.07; More.. Intraday bias in USD/JPY is turned neutral with against with today’s recovery. Outlook will remain bearish as long as 103.89 resistance holds. Break of 102.58 will extend the down trend from 111.17 to retest 101.18 low. However, firm break of 103.89 will indicate short term bottoming, […]

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

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