USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 105.30; (P) 105.46; (R1) 105.65; More… USD/JPY’s pull back form 106.10 extends lower today but stays above 104.94 support. Intraday bias remains neutral first and another rise is in favor. On the upside, break of 106.10 will target 106.94 resistance. Sustained break there should confirm completion of the whole decline from 111.71.
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 105.30; (P) 105.46; (R1) 105.65; More… USD/JPY’s pull back form 106.10 extends lower today but stays above 104.94 support. Intraday bias remains neutral first and another rise is in favor. On the upside, break of 106.10 will target 106.94 resistance. Sustained break there should confirm completion of the whole decline from 111.71. […]

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

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