USD JPY Daily Outlook Forecast

by fxalhabib on February 2, 2010

February 2nd, 2010 – The USD JPY is still under the 90.53 resistance line, it is still slightly bearish at the moment. In order for us to see a neutral bias the currency must break the 90.53 resistance line and for us to see a full bullish run it must break the 91.86 resistance. On the downside, if the 89.12 resistance is broken then the expectation is that it would target the 87.35 resistance.

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