Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 19, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    DAILY MARKET OUTLOOK Update Time: 19 Feb 2016 09:02 GMT USD/JPY - 112.94 Dollar's intra-day retreat from 114.32 suggests further choppy trading below Tuesday's high at 114.88 would continue with downside bias, however, below hourly support at 112.59 is needed to signal the correction from last week's trough at 110.99 has ended there and yield stronger retracement towards 112.10/13. However, support at 111.89 should remain intact and yield rebound later. On the

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