USDJPY Daily Forecast Mar 26 2015

Japan652 min
Japan652 min

Outlook in USDJPY remains on the downside as long as 119.58 resistance  holds on a daily closing basis , support comes at the 118.90 levels , a halt is likely but a cut would open 118.00 next , further down  will target the 117.15 levels..

On the upside , resistance comes at the 119.58 levels , break of 119.58 on a daily closing basis will reverse risk to the upside  and open 120.65 levels ahead of  the 122.00 levels.

In all , as long as 119.58 resistance holds on a daily closing basis , short term outlook in USDJPY remains on the downside towards the 118.90 levels ahead of the 118.00 levels , above 119.58  will reverse risk to the upside and pave the way towards the 120.65/122.00 levels.

 

 

USDJPY Daily Forecast Mar 26 2015

MARKET DATA

UPCOMING ECONOMIC EVENTS

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