Friday, 13 May 2022

USD/JPY Daily Outlook

Daily Pivots: (S1) 127.21; (P) 128.64; (R1) 129.75; More… Intraday bias in USD/JPY remains mildly on the downside at this point. Correction from 131.34 short term top would extend lower to 125.09 cluster support (38.2% retracement of 114.40 to 131.34 at 124.86), as correction to rise from 114.40. For now, risk will stay mildly on […] The post USD/JPY Daily Outlook appeared first on Action Forex.
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