Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

USDJPY Daily Forecast: February 27

Sunday, February 26, 2017 19:10
% of readers think this story is Fact. Add your two cents.

(Before It's News)

USDJPY Forecast
The USDJPY attempted to push higher last week topped at 113.77 but closed lower at 112.12 and hit 111.91 earlier today in Asian session. The bias remains bearish in nearest term testing 111.30. A clear break and daily close below that area would expose 110.20 area. Immediate resistance is seen around 112.50. A clear break above that area could lead price to neutral zone in nearest term testing 113.00 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.

usdjpy4h



Source: http://fxinstructor.com/blog/usdjpy-daily-forecast-february-27-5

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Total 1 comment
  • Ahmed

    This week is going to be really interesting, as there is NFP ahead, so we got to be really careful with how we work out. I am extremely fortunate to have broker like OctaFX to work with, as they help me big time which is to do with their giant deposit bonus which is up to 50% and is use able too, so I really enjoy it and gives me the freedom to work with. I can do whatever I wish without any difficulty or trouble at all which keeps me relaxed.

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.