USD/JPY Weekly Outlook

USD/JPY’s pull back from 110.95 extended to 108.99 last week but recovered since then. Initial bias is mildly on the upside this week for retesting 110.95 first. Break there will resume larger rally from 102.58. On the downside, break of 108.99 will extend the correction to 108.40 support and below. But downside should be contained
The post USD/JPY Weekly Outlook appeared first on Action Forex.

USD/JPY’s pull back from 110.95 extended to 108.99 last week but recovered since then. Initial bias is mildly on the upside this week for retesting 110.95 first. Break there will resume larger rally from 102.58. On the downside, break of 108.99 will extend the correction to 108.40 support and below. But downside should be contained […]

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

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