USDJPY Daily Forecast: April 27 2016

USDJPY Daily Forecast: April 27 2016

27 April 2016, 05:45
Roberto Jacobs
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USDJPY Daily Forecast: April 27 2016

USDJPY Forecast

The USDJPY attempted to push lower yesterday bottomed at 110.67 but whipsawed to the upside and closed higher at 111.31. The bias is bullish in nearest term testing 112.00 – 112.50 area. On the downside, only a clear break and daily close back below 110.65 would interrupt the current bullish correction phase.

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