Daily Pivots: (S1) 126.56; (P) 127.07; (R1) 127.59; More… While USD/JPY’s correction from 131.34 could extend lower, downside should be contained by 125.09 cluster support (38.2% retracement of 114.40 to 131.34 at 124.86) to bring rebound. On the upside, break of 129.77 minor resistance will suggest that the correction is finished and bring retest of…
USDJPY Outlook
Daily Pivots: (S1) 126.56; (P) 127.07; (R1) 127.59; More… USD/JPY’s correction from 131.34 could still extend lower. But downside should be contained by 125.09 cluster support (38.2% retracement of 114.40 to 131.34 at 124.86) to bring rebound. On the upside, break of 129.77 minor resistance will suggest that the correction is finished and bring retest…
Daily Pivots: (S1) 126.13; (P) 127.10; (R1) 127.85; More… No change in USD/JPY’s outlook as correction from 131.34 could still extend lower. But downside should be contained by 125.09 cluster support (38.2% retracement of 114.40 to 131.34 at 124.86) to bring rebound. On the upside, break of 129.77 minor resistance will suggest that the correction…
Daily Pivots: (S1) 126.13; (P) 127.10; (R1) 127.85; More… USD/JPY’s correction from 131.34 could still extend lower. But downside should be contained by 125.09 cluster support (38.2% retracement of 114.40 to 131.34 at 124.86) to bring rebound. On the upside, break of 129.77 minor resistance will suggest that the correction is finished and bring retest…
Daily Pivots: (S1) 126.13; (P) 127.10; (R1) 127.85; More… No change in USD/JPY’s outlook as correction from 131.34 is in progress. Deeper decline could be seen. But downside should be contained by 125.09 cluster support (38.2% retracement of 114.40 to 131.34 at 124.86) to bring rebound. On the upside, break of 129.77 minor resistance will…
Daily Pivots: (S1) 126.13; (P) 127.10; (R1) 127.85; More… USD/JPY’s correction from 131.34 is still in progress and deeper fall could be seen. But downside should be contained by 125.09 cluster support (38.2% retracement of 114.40 to 131.34 at 124.86) to bring rebound. On the upside, break of 129.77 minor resistance will suggest that the…
Daily Pivots: (S1) 127.34; (P) 127.70; (R1) 128.25; More… USD/JPY’s correction from 131.34 is still in progress. Deeper fall could be seen to 125.09 cluster support (38.2% retracement of 114.40 to 131.34 at 124.86). But strong support is expected from there to contain downside to bring rebound. On the upside, break of 129.77 minor resistance…