Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 27, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    DAILY MARKET OUTLOOK Update Time: 27 Oct 2015 08:26 GMT USD/JPY - 120.42 Despite the greenback's rally from October's low at 118.06 to 121.51 today, subsequent strong retreat suggests a temporary top has been made there and consolidation with downside bias would be seen for weakness towards 120.20/23, below would add credence to this view and yield stronger retracement towards 119.80/90. However, steep fall below there is unlikely to be seen and reckon support at 119.61 would

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