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USDJPY Daily Forecast: February 27
Sunday, February 26, 2017 19:10
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USDJPY Forecast
The USDJPY attempted to push higher last week topped at 113.77 but closed lower at 112.12 and hit 111.91 earlier today in Asian session. The bias remains bearish in nearest term testing 111.30. A clear break and daily close below that area would expose 110.20 area. Immediate resistance is seen around 112.50. A clear break above that area could lead price to neutral zone in nearest term testing 113.00 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
Source: http://fxinstructor.com/blog/usdjpy-daily-forecast-february-27-5
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