Daily Pivots: (S1) 103.51; (P) 103.67; (R1) 103.78; More.. USD/JPY’s rebound from 103.31 extends higher today but stays below 104.39 resistance. Intraday bias remains neutral first. 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
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 103.51; (P) 103.67; (R1) 103.78; More.. USD/JPY’s rebound from 103.31 extends higher today but stays below 104.39 resistance. Intraday bias remains neutral first. 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 […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.