USD/JPY edged higher to 109.22 last week but turned sideway since then. Initial bias remains neutral this week first. Consolidation should be relatively brief as long as 108.08 minor support holds. Break of 109.22 will resume the up trend from 102.58 to long term channel resistance at 110.02 next. Break of 108.08 will bring deeper
The post USD/JPY Weekly Outlook appeared first on Action Forex.
USD/JPY edged higher to 109.22 last week but turned sideway since then. Initial bias remains neutral this week first. Consolidation should be relatively brief as long as 108.08 minor support holds. Break of 109.22 will resume the up trend from 102.58 to long term channel resistance at 110.02 next. Break of 108.08 will bring deeper […]
The post USD/JPY Weekly Outlook appeared first on Action Forex.