Trading Strategies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 104.93; (P) 105.02; (R1) 105.12; More.. USD/JPY’s rally continues today and reaches as high as 105.37 so far. Current rise from 102.58 short term bottom is at least correcting the down trend from 111.71. Intraday bias remains on the upside for 38.2% retracement of 111.71 to 102.58 at 106.06. On the downside,
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 104.93; (P) 105.02; (R1) 105.12; More.. USD/JPY’s rally continues today and reaches as high as 105.37 so far. Current rise from 102.58 short term bottom is at least correcting the down trend from 111.71. Intraday bias remains on the upside for 38.2% retracement of 111.71 to 102.58 at 106.06. On the downside, […]

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

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