USDJPY Daily Forecast: April 06 2016

USDJPY Daily Forecast: April 06 2016

6 April 2016, 06:09
Roberto Jacobs
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USDJPY Daily Forecast: April 06 2016

USDJPY Forecast

The USDJPY had a significant bearish momentum yesterday, broke below 110.96 key support as you can see on my daily chart below. The bias is bearish in nearest term testing 109.50 area. Immediate resistance is seen around 110.96. A clear break and daily close back above that area could create a false breakout bullish scenario.

usdjpy1


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