USDJPY Daily Forecast: November 20

  • Rate this Story
  • 0
  • 0

By swibowo | November 20, 2012 7:49 PM EST

Fx Instructor

USDJPY Forecast

The USDJPY bullish momentum was stopped yesterday. The bias is neutral in nearest term but overall I still prefer a bullish scenario with 81.75 – 82.25 as nearest targets. Immediate support remains around 80.85. A clear break below that area could trigger further bearish pullback testing 80.50/00.

  • 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.