USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 104.82; (P) 105.00; (R1) 105.16; More.. With 104.59 minor support intact, intraday bias in USD/JPY remains mildly on the upside, 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
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 104.82; (P) 105.00; (R1) 105.16; More.. With 104.59 minor support intact, intraday bias in USD/JPY remains mildly on the upside, 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 […]

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

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