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USDJPY Daily Forecast: October 05
Friday, October 5, 2012 1:41
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USDJPY Forecast
The USDJPY was indecisive yesterday but overall still able to maintain its bullish intraday bias so far testing 79.00 or higher. Immediate support is seen around 78.00. A clear break below that area could trigger further bearish pressure testing 77.70. Overall I still prefer a bullish scenario due to a good risk-reward ratio near the record low at 75.56.
2012-10-05 01:34:00
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-october-05-4
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