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USDJPY Daily Forecast: February 14
Monday, February 13, 2017 19:17
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USDJPY Forecast
The USDJPY was indecisive yesterday. Price attempted to push higher topped at 114.16 but closed lower at 113.72 and hit 113.53 earlier today in Asian session. The bias is neutral in nearest term probably with a little bearish bias testing 113.00 – 112.85 support area. Immediate resistance is seen around 114.00. A clear break and daily close above that area could trigger further bullish pressure testing 115.60 key resistance which remains a good place to sell.
Source: http://fxinstructor.com/blog/usdjpy-daily-forecast-february-14-3
