USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 103.58; (P) 103.75; (R1) 103.87; More.. Intraday bias in USD/JPY remains neutral and more consolidation could be seen below 104.39. On the upside, break of 104.39 and sustained trading above the channel resistance will argue that the down trend from 111.71 has finally completed. Stronger rise would be seen to 105.67 resistance
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 103.58; (P) 103.75; (R1) 103.87; More.. Intraday bias in USD/JPY remains neutral and more consolidation could be seen below 104.39. On the upside, break of 104.39 and sustained trading above the channel resistance will argue that the down trend from 111.71 has finally completed. Stronger rise would be seen to 105.67 resistance […]

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

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