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USD/JPY Mid-Day Outlook

Started by PocketOption, Jan 07, 2023, 10:12 am

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PocketOption

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 132.06; (P) 133.06; (R1) 134.42; More… Immediate focus remains on 134.49 resistance in USD/JPY. Considering bullish convergence condition in 4 hour MACD, firm break of 134.49 should confirm short term bottoming. Bias will be turned back to the upside for 138.16 cluster resistance (38.2% retracement of 151.93 to 129.49 at 138.06. On […]


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