USD/JPY’s rise form 102.58 resumed last week by breaking through 106.21. Initial bias stays on the upside this week for 61.8% retracement of 111.71 to 102.58 at 108.22. Sustained break there will raise the chance of larger bullish reversal, and target 111.71 resistance. On the downside, below 105.84 minor support will turn intraday bias neutral
The post USD/JPY Weekly Outlook appeared first on Action Forex.
USD/JPY’s rise form 102.58 resumed last week by breaking through 106.21. Initial bias stays on the upside this week for 61.8% retracement of 111.71 to 102.58 at 108.22. Sustained break there will raise the chance of larger bullish reversal, and target 111.71 resistance. On the downside, below 105.84 minor support will turn intraday bias neutral […]
The post USD/JPY Weekly Outlook appeared first on Action Forex.