Trading Strategies

USD/JPY Weekly Outlook

USD/JPY’s rise form 102.58 accelerated to as high as 108.68 last week. There is no sign of topping yet. Initial bias stays on the upside this week for long term channel resistance at 110.02 next. On the downside, below 107.81 minor support will turn intraday bias neutral and bring consolidations. But further rally is expected
The post USD/JPY Weekly Outlook appeared first on Action Forex.

USD/JPY’s rise form 102.58 accelerated to as high as 108.68 last week. There is no sign of topping yet. Initial bias stays on the upside this week for long term channel resistance at 110.02 next. On the downside, below 107.81 minor support will turn intraday bias neutral and bring consolidations. But further rally is expected […]

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

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