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USDJPY Daily Forecast: February 23

Wednesday, February 22, 2017 19:28
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(Before It's News)

USDJPY Forecast
The USDJPY was indecisive yesterday. The bias is neutral in nearest term but overall as long as stay below 115.60 I still prefer a bearish scenario. Immediate resistance is seen around 113.50. A clear break above that area could trigger further bullish pressure testing 114.00 or higher. Immediate support is seen around 112.90. A clear break below that area could trigger further bearish pressure testing 112.50 or lower.

usdjpy4h



Source: http://fxinstructor.com/blog/usdjpy-daily-forecast-february-23-5

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