Friday, May 2, 2014

USD/JPY Mid-Day Outlook

USD/JPY rises to as high as 103.01 in early US session and intraday bias is on the upside. Rebound from 101.32 could extend higher towards 104.12 resistance. However, we'd maintain that strong resistance should be seen below 104.12 and bring reversal. Price action from 101.75 are viewed as a consolidation



Continue Read...

0 comments:

Post a Comment

Site Search