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USD/JPY Weekly Outlook

USD/JPY edged higher to 104.39 last week but failed to break through falling channel resistance, and turned sideway. Initial bias remains neutral this week first. On the upside, break of 104.39 and sustained trading above the channel resistance will argue that the down trend from 111.71 has finally completed. Stronger rise would be seen to
The post USD/JPY Weekly Outlook appeared first on Action Forex.

USD/JPY edged higher to 104.39 last week but failed to break through falling channel resistance, and turned sideway. Initial bias remains neutral this week first. On the upside, break of 104.39 and sustained trading above the channel resistance will argue that the down trend from 111.71 has finally completed. Stronger rise would be seen to […]

The post USD/JPY Weekly Outlook appeared first on Action Forex.

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