Daily Pivots: (S1) 124.36; (P) 125.07; (R1) 126.10; More… Intraday bias in USD/JPY is turned neutral with 4 hour MACD crossed below signal line. On the downside, break of 124.66 minor support will bring deeper pull back to 4 hour 55 EMA (now at 123.67) and possibly below. But downside should be contained above 121.27 […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.