Thursday, February 6, 2014

USD/JPY Daily Outlook

The recovery from 100.75 extends higher and breaches 4 hours 55 EMA. More upside could be seen. But, near term outlook stays bearish as long as 103.44 resistance holds and deeper fall is still expected. Below 101.26 minor support will turn bias to the downside for 100.61 key support. Again,



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