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USDJPY Daily Forecast: February 23
Sunday, February 22, 2015 21:41
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USDJPY Forecast
The USDJPY didn’t make significant movement yesterday. The bias is neutral in nearest term probably with a little bullish bias testing 119.40 area. A clear break above that area could trigger further bullish pressure testing 119.80. Immediate support is seen around 118.70. A clear break below that area could trigger further bearish pressure testing 118.30, a good place to buy with a tight stop loss.
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-february-23-3
