USDJPY Daily Forecast: October 15 - Forex
International Business Times
  • Rate this Story
  • 0
  • 0

By swibowo | October 15, 2012 4:21 PM EST

Fx Instructor

USDJPY Forecast

The USDJPY attempted to push lower last week but still found a good support around 78.00 and traded around 78.50 at the time I wrote this comment. There are no changes in my technical outlook. Daily range to be closely watched remains between 78.00 – 79.00. Overall I still prefer a bullish scenario due to a good risk-reward ratio near the record low at 75.56.

  • Rate this Story
  • 0
  • 0
For more forex information, go to FxInstructor.com.

Join the Conversation

IBTimes TV



E-Newsletters

We value your privacy. Your email address will not be shared.