| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
USDJPY Daily Forecast: August 23
Thursday, August 23, 2012 3:42
% of readers think this story is Fact. Add your two cents.
USDJPY Forecast
The USDJPY had a strong bearish momentum yesterday on broad US Dollar weakness after the FOMC meeting, bottomed at 78.27. The bias is bearish in nearest term testing 77.65 strong support area. Immediate resistance is seen around 79.00/20. A clear break back above that area will reactivate my bullish mode testing 80.00/50 area.
©2012 FX Instructor Forex Blog – For Traders, By Traders. All Rights Reserved.
.
2012-08-23 03:32:37
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-august-23-3
Source:
