USDJPY Forecast

The USDJPY made another insignificant movement last week. There are no changes in my technical outlook where price still trapped in range area of about 150 pips between 76.00 – 77.50 in the last three weeks. Aggressive intraday traders can still take advantage of the current range market by short around 77.50 or long around 76.21/00 with tight stop loss.

©2011 FX Instructor Forex Blog - For Traders, By Traders. All Rights Reserved.

.