Daily Pivots: (S1) 105.02; (P) 105.35; (R1) 105.54; More.. USD/JPY is holding above 104.39 resistance turned support and intraday bias remains neutral first. Another rise is still in favor. On the upside, break of 105.76 will resume the rebound from 102.58, for 38.2% retracement of 111.71 to 102.58 at 106.06. However, decisive break of 104.39
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 105.02; (P) 105.35; (R1) 105.54; More.. USD/JPY is holding above 104.39 resistance turned support and intraday bias remains neutral first. Another rise is still in favor. On the upside, break of 105.76 will resume the rebound from 102.58, for 38.2% retracement of 111.71 to 102.58 at 106.06. However, decisive break of 104.39 […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.