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Daily Outlook (USD/JPY) & data to be released today

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 11, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    11 Feb 2016 00:02GMT DAILY USD/JPY OUTLOOK - 113.58 Dlr's intra-day selloff below Tuesday's 114.21 low (now res) to a fresh 15-month trough of 13.12 after Fed Yellen's testimony suggests MT fall from 2015 top at 125.86 would resume towards 112.85 after consolidation, 'loss of momentum' should keep dlr above 112.45. Lower short entry for 113.00 1st and only a daily close above 114.21 signals temp. low made, 115.00. Data to be released on Thursday: New

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