USD/JPY DAILY OUTLOOK Daily Pivots: (S1) 10,733; (S2) 10,10,697 (S3) 10,644 (P) 10,786; (R1) 10,822; (R2) 10,875; (R3) 10,912 On the upside, break of 10,955 will retain near term bullishness and turn bias to the upside for 11,110 – 11,200 resistance zone. On the downside, decisive break of 10,530 support should confirm completion of rebound from 101.18, after failing 112.22 key resistance. Intraday bias will be turned back to the downside for retesting 101.18 low.
Intraday bias in USD/JPY remains neutral for the moment as range trading continues.