USDJPY Daily Forecast: April 20 2016

USDJPY Daily Forecast: April 20 2016

20 April 2016, 05:45
Roberto Jacobs
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USDJPY Daily Forecast: April 20 2016

USDJPY Forecast

The USDJPY was indecisive yesterday but overall still able to maintain its bullish intraday bias so far. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 110.00 area. Immediate support is seen around 108.50. A clear break below that area could lead price to neutral zone in nearest term testing 108.00 but key support remains around 107.60 which need to be clearly broken to the downside to continue the bearish scenario.

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