Sunday, November 30, 2014

USD/JPY Daily Outlook

Outlook in USD/JPY is unchanged. Above 118.97 will extend recent up trend. But again, the pair is close to 120 key cluster level around 120. That includes 161.8% projection of 101.08 to 110.08 from 105.19 at 119.75 and long term fibonacci level at 120.13. Also, bearish divergence condition is seen



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