USDJPY Daily Forecast: March 31 2016

USDJPY Daily Forecast: March 31 2016

31 March 2016, 05:45
Roberto Jacobs
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USDJPY Daily Forecast: March 31 2016

USDJPY Forecast

The USDJPY was indecisive yesterday. The bias remains bearish in nearest term testing 111.50 region. Immediate resistance is seen around 112.80. A clear break above that area could lead price to neutral zone in nearest term testing 113.50 area but key resistance remains around 114.50 which is still a good place to sell. Overall price is still trapped inside a range area as you can see on my daily chart below.

usdjpy1


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