USDJPY Daily Forecast: March 23 2016

USDJPY Daily Forecast: March 23 2016

23 March 2016, 03:54
Roberto Jacobs
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USDJPY Daily Forecast: March 23 2016

USDJPY Forecast

The USDJPY continued its bullish momentum yesterday topped at 112.49. The bias remains bullish in nearest term testing 113.00 or higher. Immediate support is seen around 111.95. A clear break below that area could lead price to neutral zone in nearest term but as long as stays above 110.96 I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.

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