Tuesday, April 1, 2014

USD/JPY Daily Outlook

USD/JPY's rally from 101.20 accelerates to as high as 103.93 so far. The break of 103.75 resumed whole rebound from 100.75. Overall outlook is unchanged though. Price actions from 105.41 are viewed as a correction pattern with rebound from 100.75 as the second leg. Current rise could extend to 100%



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