USDJPY Daily Forecast: October 17 - Forex
International Business Times
  • Rate this Story
  • 0
  • 0

By swibowo | October 17, 2012 7:49 PM EST

Fx Instructor

USDJPY Forecast

The USDJPY was indecisive yesterday. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 79.00 key intraday resistance which need to be broken to the upside to continue the bullish scenario testing 80.00/50 area. Immediate support remains around 78.50. A clear break below that area could lead price to neutral zone in nearest term testing 78.00.

  • 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.