USDJPY Daily Forecast: December 17

  • Rate this Story
  • 0
  • 0

By swibowo | December 17, 2013 6:49 PM EST

Fx Instructor

USDJPY Forecast

The USDJPY was indecisive yesterday. The bias is neutral in nearest term. Immediate support is seen around 102.50. A clear break and daily close below that area could trigger further bearish pressure testing 101.60. Immediate resistance is seen around 103.15. A clear break above that area could trigger further bullish pressure retesting 103.75. My overall technical outlook remains bullish.

  • 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.