| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
USDJPY Daily Forecast: March 31
Thursday, March 30, 2017 18:33
% of readers think this story is Fact. Add your two cents.
USDJPY Forecast
The USDJPY had a bullish momentum yesterday topped at 111.94 and hit 112.08 earlier today in Asian session. The bias is bullish in nearest term testing 112.85 as a part of the “hammer” formation bullish scenario as you can see on my daily chart below. Immediate support is seen around 111.70. A clear break below that area could lead price to neutral zone in nearest term but only a clear break back below 111.30 would be a serious threat to the bullish reversal scenario.
Source: http://fxinstructor.com/blog/usdjpy-daily-forecast-march-31-4
