Trading Strategies

USD/JPY Weekly Outlook

USD/JPY’s range trading continued last week and outlook is unchanged. Initial bias stays neutral this week first. We’re holding on to the bearish view that 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
The post USD/JPY Weekly Outlook appeared first on Action Forex.

USD/JPY’s range trading continued last week and outlook is unchanged. Initial bias stays neutral this week first. We’re holding on to the bearish view that 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 […]

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

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