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USD/JPY Mid-Day Outlook

Analytic Dave

Jul 18, 2023

Daily Pivots: (S1) 138.01; (P) 138.71; (R1) 139.41; More… USD/JPY is extending the consolidation from 137.22 and intraday bias stays neutral. Upside of recovery should be limited by 55 4H EMA (now at 140.06) and bring another decline. Break of 137.22 and sustained trading below 137.90 resistance turned support will confirm the larger bearish case, […]

The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

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AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.

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