| Online: | |
| Visits: | |
| Stories: |
| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
USDJPY Daily Forecast: March 19
Wednesday, March 18, 2015 18:17
% of readers think this story is Fact. Add your two cents.
USDJPY Forecast
The USDJPY had a strong bearish momentum yesterday after FOMC, bottomed at 19.30 but closed higher at 120.09. The bias is bearish in nearest term retesting 119.30. Immediate resistance is seen around 120.30. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear. I prefer to stand a side for now.
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-march-19-5
