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USDJPY Daily Forecast: April 09
Wednesday, April 8, 2015 20:41
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USDJPY Forecast
The USDJPY was indecisive yesterday. Price attempted to push lower bottomed at 119.63 but whipsawed to the upside and closed higher at 120.12 and now testing 120.35 key resistance. The bias is bullish in nearest term especially if price able to make clear break above 120.35 testing 121.00 region. Immediate support is seen around 119.90. A clear break below that area could lead price to neutral zone in nearest term testing 119.40 or lower.
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-april-09-5
