Daily Pivots: (S1) 104.69; (P) 104.87; (R1) 105.12; More.. Intraday bias in USD/JPY remains on the upside at this point. Current rise from 102.58 short term bottom is at least correcting the down trend from 111.71. Further rally should target 38.2% retracement of 111.71 to 102.58 at 106.06. On the downside, break of 104.59 minor
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 104.69; (P) 104.87; (R1) 105.12; More.. Intraday bias in USD/JPY remains on the upside at this point. Current rise from 102.58 short term bottom is at least correcting the down trend from 111.71. Further rally should target 38.2% retracement of 111.71 to 102.58 at 106.06. On the downside, break of 104.59 minor […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.