Daily Pivots: (S1) 106.46; (P) 106.68; (R1) 106.98; More.. Outlook in USD/JPY remains unchanged and intraday bias stays on the upside. Current rise from 102.58 is in progress for 61.8% retracement of 111.71 to 102.58 at 108.22. Sustained break there will raise the chance of larger bullish reversal, and target 111.71 resistance. On the downside,
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 106.46; (P) 106.68; (R1) 106.98; More.. Outlook in USD/JPY remains unchanged and intraday bias stays on the upside. Current rise from 102.58 is in progress for 61.8% retracement of 111.71 to 102.58 at 108.22. Sustained break there will raise the chance of larger bullish reversal, and target 111.71 resistance. On the downside, […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.