USD/JPY Mid-Day Outlook

USD/JPY is still staying in tight range above 78.46 and intraday bias remains neutral. Current sideway consolidation might extend further. But we’d expect upside to be limited by 79.69 support turned resistance and bring fall resumption. Below 78.46 will resume the whole decline from 85.51 and should target 100% projection

Tagged with: currency forecast • forex market outlook • Forex Signal • fx trading signal

Filed under: Action Forex Market Outlook

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