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Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 7, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    DAILY MARKET OUTLOOK Update Time: 07 Dec 2015 08:22 GMT USD/JPY - 123.35 Despite the greenback's strong retreat from 123.68 (Wed) to 122.30 last Thursday, subsequent rebound on the release of upbeat U.S. jobs report suggests consolidation with upside bias remains and above 123.68 would yield a re-test of November's fresh 12-year peak at 123.77, break would extend towards 124.00/10 before prospect of a much-needed correction due to loss of momentum. On the downside, only below

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