Monday, 6 March 2017

USDJPY Daily Analysis – March 7, 2017 Forex Analysis

USDJPY is forming a sideways consolidation in a range between 111.59 and 114.95. Another fall to test 111.59 support would likely be seen in a couple of days. Resistance is at 114.95, only break above this level will indicate that the pair is in uptrend from 111.68, then further rise to 117.50 area is possible.

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