USDJPY Forecast
The USDJPY was indecisive yesterday but traded lower earlier today in Asian session hit 113.27. The bias is bearish in nearest term testing 113.15/00 region. A clear break and daily close below that area would expose 112.50 – 112.00 key support area which remains a good place to buy. Immediate resistance is seen around 113.70. A clear break above that area could lead price to neutral zone in nearest term testing 114.20 – 114.70 key resistance area which remains a good place to sell.

usdjpydaily

FX Instructor Forex Blog – For Traders, By Traders

Leave a Reply