Wednesday, October 2, 2013

USD/JPY Daily Outlook

With 98.72 minor resistance intact, deeper decline is expected in USD/JPY to 96.81 support first. Break will target 95.80 and below. On the upside, above 98.72 minor resistance will turn bias back to the upside for 100.61 instead. Overall, the pair is still bounded in consolidation from 103.73 and more range trading could be seen.



Continue Read...

0 comments:

Post a Comment

Site Search