Daily Pivots: (S1) 104.11; (P) 104.82; (R1) 105.30; More… Intraday bias in USD/JPY stays on the downside. Deeper fall would be seen to retest 104.00 support first. Break there will resume whole decline from 111.71. Next target will be 101.18 low. On the upside, however, break of 105.03 minor resistance will turn bias neutral first.
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 104.11; (P) 104.82; (R1) 105.30; More… Intraday bias in USD/JPY stays on the downside. Deeper fall would be seen to retest 104.00 support first. Break there will resume whole decline from 111.71. Next target will be 101.18 low. On the upside, however, break of 105.03 minor resistance will turn bias neutral first. […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.