Daily Pivots: (S1) 121.03; (P) 122.12; (R1) 122.92; More… Intraday bias in USD/JPY remains neutral at this point. Further rally is still in favor with 121.17 minor support intact. On the upside, above 125.09 will target 161.8% projection of 109.11 to 116.34 from 114.40 at 126.09, which is close to 125.85 long term resistance. However, […]

The post USD/JPY Daily Outlook appeared first on Action Forex.