Tuesday, June 17, 2014

usd/jpy daily analysis neutral

The USDJPY didn’t make significant movement yesteday. The bias remains normally in nearest term. Important today day range to be closely watched is seen between 101.50 – 102.15 level.
A clear break below 101.50 level could trigger again sell pressure testing 100.80  key  level support. On the upside, a clear break above 102.15 level could trigger further bullish pressure testing 102.50 level or higher. Price is still moving in a small range and my all in all technical analysis remains neutral.

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