Daily Pivots: (S1) 128.87; (P) 129.32; (R1) 129.82; More… USD/JPY’s consolidation from 131.34 is still extending and intraday bias remains neutral. Another fall could be seen and break of 127.51 will target 125.09 cluster support (38.2% retracement of 114.40 to 131.34 at 124.86). On the upside, firm break of 131.34 will resume larger up trend. […]
The post USD/JPY Daily Outlook appeared first on Action Forex.