Sunday, February 2, 2014

USD/JPY Daily Outlook

Intraday bias in USD/JPY remains neutral for the moment. Fall from 105.41 is expected resume sooner or later. Break of 101.76 will target 100.61 key support level. Again, we'd like to point out the bearish divergence condition in daily MACD which argues that the larger up trend might be reversing.



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