Thursday, May 29, 2014

USD/JPY Mid-Day Outlook

Intraday bias in USD/JPY remains neutral for the moment. As long as 102.36 resistance holds, deeper decline is still expected. Break of 100.75 key support will confirm resumption of whole decline from 105.41 and should target 100% projection of 105.41 to 100.75 from 104.12 at 99.46. However, note again that



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