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Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 31, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    DAILY MARKET OUTLOOK Update Time: 31 Mar 2016 09:21 GMT USD/JPY - 112.43 Dollar's early selloff from Tue's 113.80 high on the back of dovish comments by Fed Chair Yellen to 1.02 yesterday confirms upmove from March's 6-month trough at 110.67 has ended there and choppy consolidation with downside bias is seen ahead of Fri's key U.S. jobs data. Expect 12.70/80 to cap intra-day recovery and yield weakness towards 111.87 (61.8% r of 110.67-13.80), however, loss of

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