Daily Pivots: (S1) 1.6054; (P) 1.6072; (R1) 1.6096; More… Intraday bias in EUR/AUD remains neutral as consolidation from 1.5996 continues. While another recovery cannot be ruled out, further decline is expected as long as 1.6211 resistance holds. Break of 1.5996 will resume larger fall to 1.5846 support next. In the bigger picture, fall from 1.7062 […]
Daily Pivots: (S1) 151.05; (P) 151.75; (R1) 152.22; More… Intraday bias in USD/JPY remains neutral for the moment. Attention is still on 38.2% retracement of 139.57 to 158.86 at 151.4. Strong rebound from there will maintain near term bullishness. On the upside, break of 154.79 will revive the case that correction from 158.86 has completed […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Share
