Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 11, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    DAILY MARKET OUTLOOK Update Time: 11 Apr 2016 08:14 GMT USD/JPY - 108.16 Despite dollar's selloff to a fresh 17-month trough at 107.63 in Asian morning today, subsequent rebound in European morning suggests MT downtrend has made a temporary low there and consolidation would be seen, however, reckon 109.10 would cap upside and yield another selloff later this week. On the downside, below 107.63 yield further weakness towards 107.20/30 before correction occurs due to loss of

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