Tuesday, February 11, 2014

USD/JPY To Push Off 102

After closing the gap and making a short downward correction yesterday, USD/JPY found support in the face of the 100-day SMA and the 38.2% Fibonacci retracement level of the November-December rally. Accordingly, the currency pair is now set to advance further from 102.04/101.96, with the next important target at 103.04,



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