Daily Pivots: (S1) 103.53; (P) 103.93; (R1) 104.14; More.. USD/JPY’s rebound from 102.58 might have completed at 104.39, after rejection by falling channel resistance. Deeper fall would be seen to retest 102.58 low. Break will resume larger down trend from 111.17. On the upside, sustained break of the channel resistance will argue that the down
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 103.53; (P) 103.93; (R1) 104.14; More.. USD/JPY’s rebound from 102.58 might have completed at 104.39, after rejection by falling channel resistance. Deeper fall would be seen to retest 102.58 low. Break will resume larger down trend from 111.17. On the upside, sustained break of the channel resistance will argue that the down […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.