Daily Pivots: (S1) 107.93; (P) 108.28; (R1) 108.75; More.. USD/JPY’s rally is still in progress and intraday bias stays on the upside. Current rally from 102.58 should target long term channel resistance at 110.02 next. Decisive break there will carry larger bullish implications. On the downside, below 107.81 minor support will turn intraday bias neutral
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 107.93; (P) 108.28; (R1) 108.75; More.. USD/JPY’s rally is still in progress and intraday bias stays on the upside. Current rally from 102.58 should target long term channel resistance at 110.02 next. Decisive break there will carry larger bullish implications. On the downside, below 107.81 minor support will turn intraday bias neutral […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.