Daily Pivots: (S1) 140.89; (P) 141.80; (R1) 143.16; More… Intraday bias in USD/JPY remains mildly on the upside at this point. Rebound from 139.57 short term bottom should target 55 D EMA (now at 147.58), and possibly further to 38.2% retracement of 161.94 to 139.57 at 148.11. For now, risk will stay on the upside […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.