USDJPY Daily Forecast: March 14
USDJPY Forecast
The USDJPY was indecisive yesterday. Price attempted to push lower, bottomed at 111.00 but closed higher at 111.26 and hit 111.62 earlier today in Asian session. The bias is bullish in nearest term testing 112.00. A clear break and daily close above that area would expose 113.15 area. On the downside, 111.00 remains a key support and good place to buy with a tight stop loss as a clear break below that area would invalidate the bullish scenario.
Source: https://fxinstructor.com/blog/usdjpy-daily-forecast-march-14-8
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