The USDJPY failed to continue its bullish momentum yesterday and hit 92.81 earlier today. The bias is neutral in nearest term. Immediate resistance is seen around 93.60. A clear break above that area could trigger further bullish pressure testing 94.00 or higher. Immediate support is seen around 92.81 (current low). A clear break below that area could trigger further bearish pressure testing 92.50/00 but any downside pullback now is normal and overall I remain bullish.
Most Popular Slideshows
- Top 10 Highest-Paid Tennis Athletes as Ranked by Forbes: Roger Federer, Maria Sharapova, Novak Djokovic and More
- Meet the Aussie “Belieber” Who Survived Car Accident When Kept Conscious by A Friend Talking About Justin Bieber [PHOTOS/VIDEO]
- "The Great Gatsby" vs. "The Rocket" at AACTA Awards 2014: What You Should Know About Top Feature Films Leading Aussie Oscars Nominations [PHOTOS/VIDEOS]