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USDJPY Daily Forecast: February 16

Wednesday, February 15, 2017 19:32
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(Before It's News)

USDJPY Forecast
The USDJPY was indecisive yesterday. Price attempted to push higher topped at 114.95 but closed lower at 114.11 and hit 113.92 earlier today in Asian session. The bias is bearish in nearest term testing 113.50 – 113.00 area. Immediate resistance is seen around 114.35. A clear break above that area could lead price to neutral zone in nearest term testing 115.00 but key resistance remains at 115.60.

usdjpy4h



Source: http://fxinstructor.com/blog/usdjpy-daily-forecast-february-16-6

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