Trading Strategies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 107.31; (P) 107.64; (R1) 108.32; More.. Intraday bias in USD/JPY remains on the upside at this point. Sustained break of 61.8% retracement of 111.71 to 102.58 at 108.22 will raise the chance of larger trend reversal and target trend line resistance at 110.01 next. On the downside, below 107.81 minor support will
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 107.31; (P) 107.64; (R1) 108.32; More.. Intraday bias in USD/JPY remains on the upside at this point. Sustained break of 61.8% retracement of 111.71 to 102.58 at 108.22 will raise the chance of larger trend reversal and target trend line resistance at 110.01 next. On the downside, below 107.81 minor support will […]

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

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