Daily Pivots: (S1) 108.19; (P) 108.55; (R1) 108.77; More.. Outlook in USD/JPY remains unchanged and intraday bias stays neutral first. 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 bullish implications. Break
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 108.19; (P) 108.55; (R1) 108.77; More.. Outlook in USD/JPY remains unchanged and intraday bias stays neutral first. 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 bullish implications. Break […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.