Daily Pivots: (S1) 104.76; (P) 105.31; (R1) 105.62; More.. Intraday bias in USD/JPY remains neutral at this point. With 104.40 support intact, further rise is in favor. On the upside, sustained break of 38.2% retracement of 111.71 to 102.58 will pave the way to 61.8% retracement at 108.22. However, on the downside, break of 104.40
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 104.76; (P) 105.31; (R1) 105.62; More.. Intraday bias in USD/JPY remains neutral at this point. With 104.40 support intact, further rise is in favor. On the upside, sustained break of 38.2% retracement of 111.71 to 102.58 will pave the way to 61.8% retracement at 108.22. However, on the downside, break of 104.40 […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.