USDJPY Outlook

This pair is producing lower highs and we are now looking for lower lows. The support at 105 are may have something to say about that though. With all that is happening is the US right now this pair should be on your watch list.

The forex analysis on the daily USDJPY is below. We are short on this currency and have managed our positions.

We are likely to see a move on this pair soon that could provide nice profits. Watch this pair.


Chart courtesy of Advanced GET. Data from eSignal.

Good trading.

Forex Analysts
Javid Shaik & Anne Chapman