Saturday, April 18, 2015

USD/JPY Weekly Outlook

USD/JPY's recovery from 118.32 completed at 120.83 and reversed since then. Initial bias stays mildly on the downside this week for 118.32 support. Break will target 100% projection of 122.01 to 118.32 from 120.83 at 117.14. Overall, USD/JPY is staying in range and more sideway trading could be seen. We'd



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