USDJPY Forecast
The USDJPY had a moderate bullish momentum yesterday and hit 120.83 earlier today. The bias is neutral in nearest term. Immediate support is seen around 120.00. A clear break below that area could trigger further bearish pressure testing 119.50 region. Key resistance remains around 121.30/48 which remains a good place to sell with a tight stop loss.


FX Instructor Forex Blog – For Traders, By Traders

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.