Daily Pivots: (S1) 105.32; (P) 105.71; (R1) 106.24; More.. No change in USD/JPY’s outlook and focus stays on 106.21 resistance. Firm break there will resume rise from 102.58, to 61.8% retracement of 111.71 to 102.58 at 108.22. Rejection by 106.21 will bring more consolidations but further rally will remain in favor as long as 104.91
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 105.32; (P) 105.71; (R1) 106.24; More.. No change in USD/JPY’s outlook and focus stays on 106.21 resistance. Firm break there will resume rise from 102.58, to 61.8% retracement of 111.71 to 102.58 at 108.22. Rejection by 106.21 will bring more consolidations but further rally will remain in favor as long as 104.91 […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.