Daily Pivots: (S1) 151.02; (P) 151.44; (R1) 151.88; More… Intraday bias in USD/JPY remains neutral as consolidation from 151.92 is extending. Further rally is expected as long as 150.25 support holds. On the upside, decisive break of 151.93 key resistance will confirm long term up trend resumption. Next near term target will be 61.8% projection […]
Sep 06, 2024
USD/JPY Daily Outlook
Daily Pivots: (S1) 142.79; (P) 143.51; (R1) 144.17; More… Intraday bias in USD/JPY remains on the downside for retesting 141.67 low. Firm break there will resume whole decline from 161.95 high, for 140.25 support next. On the upside, above 144.22 minor resistance will turn intraday bias neutral first. But risk will stay on the downside […]
The post USD/JPY Daily Outlook appeared first on Action Forex.
Share
previous