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Old 15-12-2017, 03:09 PM
alisha_nabila alisha_nabila is offline
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Exclamation USDJPY Forecast. 15/12/2017


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The USDJPY was indecisive yesterday but fell below the trend line support as you can see on my H1 chart below suggests a bearish view. The bias is bearish in nearest term testing 111.65 region.

Immediate resistance is seen around 112.50/85. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear. On the downside, a clear break and daily/weekly close below 111.65 would expose 110.80/65 region next week. Overall I remain neutral.
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