USDJPY Daily Forecast: March 21 2016

USDJPY Daily Forecast: March 21 2016

21 March 2016, 04:52
Roberto Jacobs
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USDJPY Daily Forecast: March 21 2016

USDJPY Forecast

The USDJPY had a bearish momentum last week slipped below 110.96 but still unable to make a clear break and consistent move below that area so far. The bias remains bearish in nearest term especially if price able to make a clear break and daily close below 110.96 targeting 110.00 or lower. Immediate resistance is seen around 111.75. A clear break above that area could lead price to neutral zone in nearest term testing 112.50 region or higher.

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