Sunday, June 22, 2014

The Daily Forecaster: USDJPY

Price broke above both 101.99 and 102.12 but then stalled at 102.19. The correction can deepen to the 101.80-02 area (not below 101.60-73) for the uptrend to resume to move above 102.19 to reach 102.35-45 initially and later to the 102.70-79 area (approx) for a correction of around 30 points



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