| Online: | |
| Visits: | |
| Stories: |
| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
USDJPY Daily Forecast: February 27
Friday, February 27, 2015 1:07
% of readers think this story is Fact. Add your two cents.
USDJPY Forecast
The USDJPY had a bullish momentum yesterday topped at 119.49 but unable to stay consistently above 119.40 so far. The bias is bullish in nearest term especially if price able to make a clear break above 119.40 testing 119.80 – 120.00 area. Immediate support is seen around 119.15. A clear break below that area could lead price to neutral zone in nearest term testing 118.65 but key support remains around 118.30. The best intraday trading strategy for now remains to sell around 119.40 or buy around 118.30 with a tight stop loss.
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-february-27-4
