USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 130.63; (P) 131.23; (R1) 132.12; More… USD/JPY spiked through 130.33 minor support but quickly recovered. For now, deeper fall is in favor as long as 131.88 minor resistance holds. Corrective rebound from 127.20 could have completed with three waves up to 132.89. Retest of 127.20 would be seen next and decisive break […] The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
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