Daily Pivots: (S1) 131.25; (P) 131.95; (R1) 132.60; More… USD/JPY is still bounded in range above 129.49 and intraday bias stays neutral. On the upside, firm break of 134.49 should confirm short term bottoming, and bring stronger rise to 138.16 cluster resistance (38.2% retracement of 151.93 to 129.49 at 138.06). However, break of 129.49 will […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.