USD JPY Daily Outlook and Forecast

by fxalhabib on March 9, 2010

March 9th, 2010 – The USD JPY is still in a bullish/neutral position at the current moment holding above 89.46 . For the USD JPY, to continue it’s bullish run it must break the new resistance line of 90.66 to target the 92.13 resistance. On the downside, if the USD JPY break the 89.46 resistance line then it will be targeting this month’s low of 88.12 .

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