Trading Strategies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 108.20; (P) 108.72; (R1) 109.01; More.. Outlook in USD/JPY is unchanged and intraday bias remains neutral for some sideway trading. With 108.08 minor support intact, consolidation should be relatively brief. On the upside, break of 109.22 will resume recent rally to channel resistance at 110.02 next. Decisive break there will carry larger
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 108.20; (P) 108.72; (R1) 109.01; More.. Outlook in USD/JPY is unchanged and intraday bias remains neutral for some sideway trading. With 108.08 minor support intact, consolidation should be relatively brief. On the upside, break of 109.22 will resume recent rally to channel resistance at 110.02 next. Decisive break there will carry larger […]

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

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