USDJPY Daily Forecast Apr 09 2015

Japan652 min
Japan652 min

Outlook in USDJPY remains on the upside as long as 119.35 support holds on a daily closing basis , resistance comes at the 121.00 levels , a halt is likely but a break would open 121.75 next , further upside will pave the way towards the 122.60 levels.

On the downside , support comes at the 119.35 levels (main), a cut will reverse risk to the downside and open the 118.80/118.30 levels and possible lower towards the 117.00 levels..

In all , as long as 119.35 support holds on a daily closing basis , outlook in USDJPY remains on the upside towards the 121.00 levels ahead of the 121.75 levels , below 119.35 will reverse risk towards the 118.80/118.30 levels…

 

USDJPY Daily Forecast Apr 09 2015

MARKET DATA

UPCOMING ECONOMIC EVENTS

1 COMMENT

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