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USDJPY Daily Forecast: August 22
Wednesday, August 22, 2012 2:11
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USDJPY Forecast
The USDJPY was indecisive yesterday but overall still able to move above 79.20/00 support area so far. There are no changes in my technical outlook. The bias remains neutral in nearest term but only a clear break and daily close back below 79.20/00 could interrupt the current bullish intraday outlook testing 78.50 – 78.00 area. On the upside, immediate resistance which is also the nearest bullish target remains around 80.00/50.
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2012-08-22 02:01:22
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-august-22-2
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