USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.89; (P) 153.27; (R1) 153.89; More… Range trading continues in USD/JPY and intraday bias stays neutral. With 38.2% retracement of 139.87 to 159.44 at 151.96 intact, price actions from 159.44 are seen as a consolidations pattern only. On the upside, firm break of 154.63 minor resistance will bring stronger rebound towards 157.65. […]
The post USD/JPY Mid-Day Outlook appeared first on ActionForex.
ActionForex