Daily Pivots: (S1) 129.14; (P) 130.04; (R1) 130.77; More… Intraday bias in USD/JPY remains neutral for consolidation below 131.24 Outlook stays bullish with 126.91 support intact. Break of 131.24 will resume recent up trend to 261.8% projection of 109.11 to 116.34 from 114.40 at 133.26. However, considering bearish divergence condition in 4 hour MACD, break […]
The post USD/JPY Daily Outlook appeared first on Action Forex.