USDJPY Daily Forecast: October 16
USDJPY Forecast
The USDJPY had a bearish momentum yesterday bottomed at 111.62 but traded a little bit higher earlier today in Asian session hit 112.05. The bias is neutral in nearest term but overall price is still in a bearish phase after fell from 114.00 – 114.70 key resistance area testing the trend line support and 111.00 region which is a good place to buy with a tight stop loss as a clear break below the trend line support not only would invalidate the major bullish outlook but could be the earliest stage of a bearish reversal scenario.
Source: https://fxinstructor.com/blog/usdjpy-daily-forecast-october-16-7
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).