USDJPY Daily Forecast: March 14 2016

USDJPY Daily Forecast: March 14 2016

USDJPY Forecast

The USDJPY had another indecisive movement last week, formed another Doji on weekly chart. The bias is neutral in nearest term probably with a little bullish bias testing 114.50. A clear break and daily close above that area would keep the double bottom bullish scenario remains strong targeting 116.00 area. Immediate support is seen around 113.30. A clear break below that area could trigger further bearish pressure testing 112.65 area.