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USDJPY first resistance at 123.35/39

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 3, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 03 December 2015 USDJPY Spot USDJPY first resistance at 123.35/39 again today but above here we could re-target 123.67 November highs. A break above here is another positive signal to target 123.77 then 123.96/99. Failure to beat first resistance at 123.35/39 risks a slide to first support at 123.15/10, perhaps as far as better support at 123.00/95. A bounce from here is possible but longs need stops below 122.80. A break below 122.80 could target 122.60 but look for a buying

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