Wednesday, December 25, 2013

USD/JPY Daily Outlook

USD/JPY is staying in tight range below 104.63 temporary top in thin trading. Intraday bias remains neutral and more consolidations might be seen. But again, near term outlook stays bullish as long as 102.49 support holds. Break of 104.63 will extend the larger up trend to 38.2% projection of 77.13



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