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Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 12, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    DAILY MARKET OUTLOOK Update Time: 12 Oct 2015 08:16 GMT USD/JPY - 120.17 Despite Thursday's sharp retreat to 119.63, subsequent rebound helped by increased risk appetite due to the rally in global equities suggests further choppy trading above September's trough at 118.68 would continue with upside bias and gain towards 120.38, then 120.57 (reaction high) would be seen, break there would retain bullishness for 120.99/00 before prospect of a correction early next week. On the

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