Thursday, April 9, 2015

USD/JPY Daily Outlook

Current development suggests that the pull back from 122.01 is likely completed at 118.32 already. Intraday bias is mildly on the upside for retesting 122.01 resistance first. On the downside, below 119.63 will turn bias back to the downside instead. Overall, USD/JPY is holding well above 115.55 cluster support (38.2%



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