Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 29, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    DAILY MARKET OUTLOOK Update Time: 29 Oct 2015 08:26 GMT USD/JPY - 120.73 Despite the greenback's rally from 120.02 to 121.26 yesterday on the release of a unexpected hawkish FOMC statement, subsequent retreat suggests further choppy trading below Monday's high at 121.51 would continue with mild downside bias and weakness towards 120.20/23 would be seen, however, aforesaid 120.02 low should remain intact and yield rebound early next week. On the upside, only above 121.51

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