Daily Archives: March 31, 2014

USDJPY UPDATE

USD/JPY Technical Analysis USD/JPY’s rebound from 101.20 extended higher last week but is kept well below 103.40 so far. For next week 103.40 is major resistance point and daily closing above it will confirm short-term bullish breakout for targets 104.10. On downside, 102.30-80 and 101.30 are support levels. Traders keep wait and watch strategy here. The chart below shows that…

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