Daily Pivots: (S1) 105.05; (P) 105.24; (R1) 105.55; More.. Focus is now on 105.76 resistance in USD/JPY. Decisive break there will confirm resumption of rise from 102.58 and turn bias to the upside. Such rebound is at least correcting the down trend from 111.71 to 102.58. Next target is 38.2% retracement of 111.71 to 102.58
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 105.05; (P) 105.24; (R1) 105.55; More.. Focus is now on 105.76 resistance in USD/JPY. Decisive break there will confirm resumption of rise from 102.58 and turn bias to the upside. Such rebound is at least correcting the down trend from 111.71 to 102.58. Next target is 38.2% retracement of 111.71 to 102.58 […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.