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USDJPY Daily Forecast: February 15

Tuesday, February 14, 2017 19:03
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USDJPY Forecast
The USDJPY attempted to push lower yesterday bottomed at 113.24 but closed higher at 114.25 and hit 114.51 earlier today in Asian session. The bias is bullish in nearest term testing 115.60 area which is a good place to sell with a tight stop loss. Immediate support is seen around 114.00. A clear break below that area could lead price to neutral zone in nearest term testing 113.50/00 region. As long as stay below 115.60 I still prefer a bearish scenario and any upside pullback should be seen as a good opportunity to sell.



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