USDJPY Forecast

The USDJPY had a moderate bullish momentum yesterday after made another rejection to make a clear break below the range area as you can see on my daily chart below. There are no changes in my technical outlook. Aggressive intraday traders can still take advantage of the current sideways movement by long around 76.21 with a tight stop loss.

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

.