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USDJPY Daily Forecast: March 10

Thursday, March 9, 2017 17:49
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(Before It's News)

USDJPY Forecast
The USDJPY continued its bullish momentum yesterday topped at 115.00 and hit 115.25 earlier today. The bias remains bullish in nearest term testing 115.60 key resistance which is a good place to sell with a tight stop loss as a clear break above that area would expose 116.50 or higher. Immediate support is seen around 114.75. A clear break below that area could lead price to neutral zone in nearest term testing 114.25/00 area. Fundamental focus will be on the US NFP number

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Source: http://fxinstructor.com/blog/usdjpy-daily-forecast-march-10-6

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