USD/JPY Weekly Outlook

USD/JPY’s down trend momentum diminished ahead of 103.17 last week but further fall will remain in favor as long as 104.56 minor resistance holds. The pair is staying well inside falling channel, and below 55 day EMA, keeping near term outlook bearish. Break of 103.17 low will resume whole down trend form 111.71. On the
The post USD/JPY Weekly Outlook appeared first on Action Forex.

USD/JPY’s down trend momentum diminished ahead of 103.17 last week but further fall will remain in favor as long as 104.56 minor resistance holds. The pair is staying well inside falling channel, and below 55 day EMA, keeping near term outlook bearish. Break of 103.17 low will resume whole down trend form 111.71. On the […]

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

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