USDJPY Daily Forecast Dec 18 2015

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Outlook in USDJPY is neutral at the moment, support comes at the 121.05 levels while resistance comes at the 123.03 levels…

On the upside, above 123.03 will restore the upside momentum and open the 124.50 levels, further upside, resistance comes at the 126.00 levels…

On the downside, below 121.05 faces a fall risk towards the 120.32 levels, further down, support comes at the 119.45 levels…

Conclusion: The USDJPY continues to consolidate within 121.05/123.03 range before the next breakout…

USDJPY Daily Forecast Dec 18 2015

MARKET DATA

UPCOMING ECONOMIC EVENTS