Wednesday, November 27, 2013

USD/JPY Daily Outlook

USD/JPY's rally resumed after brief consolidations and reaches as high as 102.27 so far. Intraday bias is back on the upside and current rally could target 103.73 resistance. We'd be cautious on reversal from there. And below 101.14 will turn bias to the downside for another leg inside the consolidation



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