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Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 22, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    DAILY MARKET OUTLOOK Update Time: 22 Dec 2015 07:45 GMT USD/JPY - 121.17 Although dollar's rebound from yesterday's 120.84 low made in New York following downbeat U.S. data suggests early selloff from last Friday's 4-week peak at 123.59 has made a temporary low and consolidation with mild upside bias is seen ahead of release of key U.S. GDP data later today, reckon 121.76 would cap dollar's upside and yield marginal weakness, loss of momentum should keep price above last

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