USD/JPY stayed in range trading above 103.65 last week and outlook is unchanged. Initial bias remains neutral this week first. Larger decline from 111.71 is still in progress. Break of 103.65 should turn bias back to the downside for 103.17 low and below. This bearish case will remain favored as long as 105.67 resistance holds.
The post USD/JPY Weekly Outlook appeared first on Action Forex.
USD/JPY stayed in range trading above 103.65 last week and outlook is unchanged. Initial bias remains neutral this week first. Larger decline from 111.71 is still in progress. Break of 103.65 should turn bias back to the downside for 103.17 low and below. This bearish case will remain favored as long as 105.67 resistance holds. […]
The post USD/JPY Weekly Outlook appeared first on Action Forex.