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USD/JPY Mid-Day Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Feb 1, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    USD/JPY weakens mildly in early US session but after all it's still staying in tight range below 4 hours 55 EMA. Nevertheless, further decline is still expected as long as 107.50 resistance holds. Retest of 104.96 low should be seen. And decisive break will indicate that whole decline from 114.77...

    complete article here...

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