Tuesday, December 9, 2014

USD/JPY Daily Outlook

A short term top should be in place at 121.84 on bearish divergence condition in 4 hours MACD. Intraday bias is mildly on the downside for pull back to 117.23 support and below. At this point, we'd expect strong support from 38.2% retracement of 105.19 to 121.84 at 115.47 to



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