Sunday, April 12, 2015

USD/JPY Daily Outlook

Intraday bias in USD/JPY is mildly on the upside for retesting 122.01 resistance first. At this point, we're not seeing strong enough momentum for upside break out yet. And recent sideway consolidation would still have another down leg. Below 119.63 will turn bias to the downside for 118.32 support first.



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