Friday, October 4, 2013

USD/JPY Daily Outlook

Intraday bias in USD/JPY remains on the downside as current fall from 100.61 should extend 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



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