Daily Pivots: (S1) 105.92; (P) 106.16; (R1) 106.48; More.. Intraday bias in USD/JPY remains mildly on the upside at this point. Current rebound from 102.58 would target 61.8% retracement of 111.71 to 102.58 at 108.22. However, break of 104.91 support will argue that the rebound has completed, and turn near term outlook bearish. In the
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 105.92; (P) 106.16; (R1) 106.48; More.. Intraday bias in USD/JPY remains mildly on the upside at this point. Current rebound from 102.58 would target 61.8% retracement of 111.71 to 102.58 at 108.22. However, break of 104.91 support will argue that the rebound has completed, and turn near term outlook bearish. In the […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.