Wednesday, October 29, 2014

USD/JPY Daily Outlook

USD/JPY's rebound from 105.19 resumed after brief consolidation and intraday bias is back on the upside for retesting 110.08 first. Break will extend the larger up trend to next long term fibonacci level at 111.62. On the downside, break of 107.60 support will argue that rebound from 105.19 has completed



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