USDJPY Forecast:

The USDJPY made indecisive movement on Thursday, formed a Doji on daily chart. The bias is neutral in nearest term but as long as price stay above 90.80 area, I still prefer a bullish scenario at least towards 92.32 area. Only break below 90.80 area and the trendline support (blue) should be seen as potential bullish failure bullish which could produce significant bearish momentum.


Forex Trader Library
Receive over 15 hours (8 CD's) of our best Forex trading education in one package! Containing the newest Advanced Forex CD, this education pack focuses on exactly what you need to know to become a successful Forex Trader.