Daily Pivots: (S1) 106.74; (P) 106.95; (R1) 107.21; More.. USD/JPY rises further to as high as 107.48 so far. Break of near term channel resistance indicates upside acceleration. Intraday bias stays on the upside for 61.8% retracement of 111.71 to 102.58 at 108.22. On the downside, break of 106.21 resistance turned support is needed to
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 106.74; (P) 106.95; (R1) 107.21; More.. USD/JPY rises further to as high as 107.48 so far. Break of near term channel resistance indicates upside acceleration. Intraday bias stays on the upside for 61.8% retracement of 111.71 to 102.58 at 108.22. On the downside, break of 106.21 resistance turned support is needed to […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.