Monday, December 23, 2013

USD/JPY Daily Outlook

Intraday bias in USD/JPY is neutral for some consolidations below 104.63 temporary top. But near term outlook stays bullish as long as 102.49 support holds. The larger up trend would target 38.2% projection of 77.13 to 103.73 from 96.56 at 106.72 next. However, break of 102.49 will indicate near term



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