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USD/JPY Daily Outlook

Analytic Dave

Jun 1, 2023

Daily Pivots: (S1) 138.93; (P) 139.66; (R1) 140.07; More… USD/JPY is still extending the consolidation from 140.90 and intraday bias stays neutral. Downside of retreat should be contained above 138.22 support to bring another rally. Break of 140.90 will resume larger rise from 127.20 to 142.48 fibonacci level. However, considering bearish divergence condition in 4 […]

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

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