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USD/JPY Mid-Day Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, May 23, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    USD/JPY's retreat and break of 103.48 minor support turns intraday outlook neutral for the moment and put focus back to 102.58 support. Though, as long as this support holds, further rally is still mildly in favor. Above 150.44/70 resistance zone will encourage further rise towards 108.59 resistance. However, note that...

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