| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
USDJPY Daily Forecast: October 04
Thursday, October 4, 2012 3:01
% of readers think this story is Fact. Add your two cents.
USDJPY Forecast
The USDJPY continued its bullish momentum yesterday and hit 78.70 earlier today. The bias remains bullish in nearest term testing 79.00 before testing 80.00/50. Immediate support is seen around 78.40 followed by 78.00. A clear break below that area could lead price to neutral zone in nearest term retesting 77.10. Overall I still prefer a bullish scenario due to a good risk-reward ratio near the record low at 75.56.
2012-10-04 02:50:09
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-october-04-3
Source:
