USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 118.30; (P) 118.67; (R1) 118.96; More… USD/JPY’s rally resumes after brief consolidations and intraday bias is back on the upside. Current up trend should target 100% projection of 109.11 to 116.34 from 114.40 at 121.63 next. On the downside, below 118.35 will turn intraday bias neutral again and bring retreat. But downside […] The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
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