Trading Strategies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 108.51; (P) 108.72; (R1) 109.14; More.. Intraday bias in USD/JPY is turned neutral with today retreat. Consolidation should be relatively brief with 108.08 minor support intact. Break of 109.22 will resume recent rally to channel resistance at 110.02 next. Decisive break there will carry larger bullish implications. Break of 108.08 will bring
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 108.51; (P) 108.72; (R1) 109.14; More.. Intraday bias in USD/JPY is turned neutral with today retreat. Consolidation should be relatively brief with 108.08 minor support intact. Break of 109.22 will resume recent rally to channel resistance at 110.02 next. Decisive break there will carry larger bullish implications. Break of 108.08 will bring […]

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

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