Author Topic: FNIB.co Daily Technical Analysis March 27 USDJPY  (Read 796 times)

Offline gregscript

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FNIB.co Daily Technical Analysis March 27 USDJPY
« on: March 27, 2013, 12:23:26 PM »
The USDJPY failed to continue its bearish momentum yesterday after unable to stay consistently below 94.00 and hit 94.90 earlier today. The bias is neutral in nearest term but overall I still prefer a bullish scenario with nearest target seen around 96.00. On the downside, only a clear break and consistent movement below 94.00 could interrupt the bullish scenario and trigger further bearish correction.

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