USDJPY Daily Forecast: April 26 2016

USDJPY Daily Forecast: April 26 2016

26 April 2016, 05:44
Roberto Jacobs
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USDJPY Daily Forecast: April 26 2016

USDJPY Forecast

The USDJPY was corrected lower yesterday bottomed at 110.84 but overall still able to maintain its bullish correction bias since bounced from 107.60. The bias remains bullish in nearest term testing 112.50 area. Immediate support remains around 110.96/65 area. A clear break back below that area could lead price to neutral zone in nearest term as direction would become unclear.

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