Monday, May 26, 2014

USD/JPY Daily Outlook

Intraday bias in USD/JPY remains neutral first. As long as 102.36 resistance holds, deeper decline is still expected. Break of 100.75 key support will confirm resumption of whole decline from 105.41 and should target 100% projection of 104.12 to 101.32 from 103.01 at 100.21 However, note again that 100.61/75 represents



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