Friday, October 11, 2013

USD/JPY Weekly Outlook

USD/JPY formed a short term bottom last week at 96.56 and rebounded strongly since then. The choppy decline from 100.61 should be completed. Initial bias remains on the upside this week for 99.66 resistance first. Break will target 100.61 and above. On the downside, below 97.60 will turn bias to



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