USDJPY Daily Forecast Nov 10 2015

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Outlook in USDJPY remains on the upside as long as 123.05 support holds on a daily closing basis, resistance comes at the 123.30 levels, a halt is likely, but a break would open 124.50 next, further upside, resistance comes at the 125.30 levels…

On the downside, support comes at the 123.05 levels, below this level faces a pullback risk towards the 122.00 levels before the next rise…

Conclusion: The USDJPY continues to face upside threats above the 123.05 levels, below 123.05 faces a pullback risk towards the 122.00 levels before the next rise.

USDJPY Daily Forecast Nov 10 2015

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UPCOMING ECONOMIC EVENTS