Friday, May 30, 2014

usd/jpy daily line drow analysis

The USDJPY was indecisive yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term, probably with a little bearish bias testing 101.30  support level area, but key support remains around 100.80 level.
Immediate resistance is seen around 101.80 - 102.00 point. A clear break above that area could triggered further bullish pressure testing 102.50 level or higher.

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