USD/JPY dropped further to 104.02 last week but couldn’t break through 104.00 support and recovered. Initial bias is neutral this week first and further fall is expected. Firm break of 104.00 will resume larger decline from 111.71, towards 101.18 low. On the upside, firm break of 105.05 will indicate short term bottoming and turn bias
The post USD/JPY Weekly Outlook appeared first on Action Forex.
USD/JPY dropped further to 104.02 last week but couldn’t break through 104.00 support and recovered. Initial bias is neutral this week first and further fall is expected. Firm break of 104.00 will resume larger decline from 111.71, towards 101.18 low. On the upside, firm break of 105.05 will indicate short term bottoming and turn bias […]
The post USD/JPY Weekly Outlook appeared first on Action Forex.