Daily Pivots: (S1) 148.43; (P) 148.70; (R1) 149.15; More… Intraday bias in USD/JPY remains on the upside for the moment. Current rise from 127.20 is in progress to retest 151.93 high. On the downside, however, firm break of 147.31 support will should confirm short term topping, and turn bias to the downside for 145.88 support
USDJPY Outlook
Daily Pivots: (S1) 148.43; (P) 148.70; (R1) 149.15; More… USD/JPY’s rally continues today and intraday bias stays on the upside. Current rise from 127.20 is in progress to retest 151.93 high. On the downside, however, firm break of 147.31 support will should confirm short term topping, and turn bias to the downside for 145.88 support
Daily Pivots: (S1) 147.77; (P) 148.10; (R1) 148.70; More… Intraday bias in USD/JPY remains on the upside for the moment. Current rise from 127.20 is in progress to retest 151.93 high. On the downside, however, firm break of 147.31 support will should confirm short term topping, and turn bias to the downside for 145.88 support
Daily Pivots: (S1) 147.77; (P) 148.10; (R1) 148.70; More… Intraday bias in USD/JPY is back on the upside a recent rally is trying to resume. Rise from 127.20 should target 151.93 high. However, firm break of 147.31 support will should confirm short term topping, and turn bias to the downside for 145.88 support and below.
USD/JPY edged higher to 148.45 last week but retreated again. Initial bias remains neutral this week and further rise is mildly in favor with 147.00 support holds. Above 148.45 will resume larger rise from1 27.20 to retest 151.93 high. However, firm break of 147.00 will should confirm short term topping, and turn bias to the
Daily Pivots: (S1) 147.10; (P) 147.78; (R1) 148.24; More… Intraday bias in USD/JPY remains neutral but further rally is in favor with 147.00 support intact. Above 148.45 will resume larger rally from 127.20. Next target is 151.93 high. However, firm break of 147.00 will should confirm short term topping, and turn bias to the downside
Daily Pivots: (S1) 147.10; (P) 147.78; (R1) 148.24; More… USD/JPY dipped to 147.31 but quickly recovered. Intraday bias is turned neutral first. For now, further rally is in favor as long as 147.00 support holds. Above 148.45 will resume larger rally from 127.20. Next target is 151.93 high. However, firm break of 147.00 will should