Tuesday, February 11, 2014

The Daily Forecaster: USDJPY

The lack of test of 101.48-75 and a break above 102.64 has placed the bias on the upside. This should see the 102.45-50 area support (allow for marginal breach) and then see a recovery back to 102.70 and probably 102.91 at least. From there look for bearish reversal indications. There



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