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USDJPY Daily Forecast: March 15

Tuesday, March 14, 2017 14:57
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USDJPY Forecast
The USDJPY had another indecisive movement yesterday. The bias remains neutral in nearest term probably with a little bearish bias testing 114.35/00 area. Immediate resistance is seen around 115.20 followed by 115.60 which remains a good place to sell with a tight stop loss as a clear break and daily close above 115.60 would expose 117.00 – 118.60 region.



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  • After the Fed decision, I think there is big buying opportunity set to come in, it won’t be bad time to get into the plane for it. We just need to make sure we trade with proper way and method, as that is how we will be able to gain maximum and succeed. I find it easy through OctaFX broker because of their swap free account where I am not required to worry about paying overnight charges at all which keeps me relaxed.

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