Monday 10 November 2014

USDJPY Daily Analysis - November 11, 2014 Forex Analysis

USDJPY is in consolidation of the uptrend from 105.32, range trading between 113.17 and 115.50 would likely be seen in a couple of days. Key support is at 113.17, as long as this level holds, the uptrend could be expected to resume, and next target would be at 117.00 area. However, a breakdown below 113.17 support will indicate that the uptrend had completed at 115.50 already, then deeper decline to 110.00 area could be seen.



usdjpy chart






For more short term forex analysis and info visit via USDJPY Daily Analysis - November 11, 2014 . Thanks for your support.

No comments:

Post a Comment