Saturday, January 24, 2015

USD/JPY Weekly Outlook

USD/JPY's consolidation from 121.84 continued last week and outlook is unchanged. More sideway trading could be seen. But we'd expect strong support from 38.2% retracement of 105.19 to 121.84 at 115.47 to contain downside and bring rebound. Break of 121.84 will confirm larger up trend resumption. However, sustained break of



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