USDJPY Daily Forecast: March 15

By swibowo
14 March 2010 @ 10:21 pm EDT

USDJPY Forecast:

The USDJPY made another indecisive movement on Friday, made another Doji on daily chart. The bias remains neutral in nearest term. The bullish correction scenario testing 91.50 remains intact but we know that price is not really able to stay consistently above 90.50 last week indicating limited bullish. Another movement back below 90.50 could diminish the bullish correction momentum testing 89.50 area.

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