Thursday, February 27, 2014

USD/JPY Daily Outlook

USD/JPY's decline extends today and took out 101.66 minor support. The development suggests that the corrective recovery from 100.75 has completed at 102.82 already. Intraday bias is back on the downside. The larger fall from 105.41 is resuming for 100.75 low and then 100.61 key support level. Decisive break there



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