USDJPY Daily Forecast Jun 25 2014

Outlook in USDJPY has turned to the upside , the daily closing above the 102.13 levels last week , is supposed to pave the way towards the 102.75 /103.11 ┬álevels , sustained trading – daily closing above this level will open 103.19/104.12 next…

On the downside , support comes at the 101.59 levels , stability above this level on a daily closing basis could mean a return to the 102.75/103.11 levels , However; losing the 101.59 on a daily basis will reverse risks towards the 100.44/100.82 levels before the next possible rise…..

In all , as long as support 101.59 holds on a daily closing basis , outlook in USDJPY remains on the upside towards the 102.75/103.11 levels , below 101.59 will reverse risks towards the 100.44/100.82 levels……

 

USDJPY Daily Forecast Jun 25 2014

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