Sunday, January 26, 2014

USD/JPY Daily Outlook

Intraday bias in USD/JPY remains on the downside for the moment. The bearish divergence condition in daily MACD raises the change of medium term topping at 105.41. Deeper fall would be seen to 100.61 support next and break will confirm this bearish case. On the upside, above 102.98 minor resistance



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