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USDJPY hitting strong resistance at 113.47/52

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 15, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Daily Forecast - 15 February 2016 USDJPY Spot USDJPY hitting strong resistance at 113.47/52. This remains the main challenge for bulls today & could see a peak. Try shorts with stops above 113.80. A break higher however sees 113.50 act as support & targets quite strong resistance at 114.25. We should struggle here & a high for the day not out of the question, but if we continue higher look for a selling opportunity at 115.00/10. Failure to beat strong resistance at 113.47/52 as is

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