Trading Strategies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 104.52; (P) 104.73; (R1) 104.91; More… USD/JPY is staying in consolidations between 104.34 temporary low and 105.03 resistance. Intraday bias remains neutral first. On the downside, break of 104.34 will will target 104.00 low first. Break will resume larger decline from 111.71. Nevertheless, sustained break of 105.03 support turned resistance will neutralize
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 104.52; (P) 104.73; (R1) 104.91; More… USD/JPY is staying in consolidations between 104.34 temporary low and 105.03 resistance. Intraday bias remains neutral first. On the downside, break of 104.34 will will target 104.00 low first. Break will resume larger decline from 111.71. Nevertheless, sustained break of 105.03 support turned resistance will neutralize […]

The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Leave a Reply

Your email address will not be published. Required fields are marked *