USDJPY Daily Forecast Mar 13 2015

Japan652 min
Japan652 min

Outlook in USDJPY remains on the upside as long as 121.40/120.44 support holds on a daily closing basis , resistance comes at the 121.80 levels , a halt is likely but a break would open 122.65 next , further upside will target the 123.25 levels..

On the downside , support comes at the 121.40 levels ahead of the 120.44 levels (main) , losing this level will turn outlook neutral and bring a corrective pullback above the 119.80/119.37 levels before the next rise…

In all , as long as 121.40/120.44 support holds on a daily closing basis , outlook in USDJPY remains on the upside towards the 121.80 levels ahead of the 122.65 levels , below 120.44 will bringĀ a corrective pullback above the 119.80/119.37 levels before the next rise…

 

USDJPY Daily Forecast Mar 13 2015

MARKET DATA

UPCOMING ECONOMIC EVENTS