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USDJPY Daily Forecast: March 09

Wednesday, March 8, 2017 18:25
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(Before It's News)

USDJPY Forecast
The USDJPY had a moderate bullish momentum yesterday topped at 114.75. The bias is bullish in nearest term testing 115.60 region which remains a good place to sell. Immediate support is seen around 114.20. A clear break below that area could lead price to neutral zone in nearest term testing 113.50 region. As long as stay below 115.60 I still prefer a bearish scenario and any upside pullback should be seen as a good opportunity to sell.

usdjpy4h



Source: http://fxinstructor.com/blog/usdjpy-daily-forecast-march-09-6

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