Monday, December 1, 2014

USD/JPY Daily Outlook

No change in USD/JPY's outlook. Further rise might be seen. But again, the pair is close to 120 key cluster level around 120. That includes 161.8% projection of 101.08 to 110.08 from 105.19 at 119.75 and long term fibonacci level at 120.13. Also, bearish divergence condition is seen in 4



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