Daily Recommendations on Major -USD/JPY

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

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    DAILY MARKET OUTLOOK Update Time: 07 Oct 2015 08:18 GMT USD/JPY - 120.01 Despite Friday's swift selloff from 120.41 to 118.68 after the release of disappointing U.S. jobs report, subsequent strong rebound due to the rally in Dow Jones suggests further choppy trading above September's low at 118.60 would continue with mild upside bias and above 120.41 would yield stronger gain to 120.66/70. However, near term loss of momentum would keep price below resistance at 120.99. On

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