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Intra-Day USD/JPY Outlook: March 22, 2102

Published 03/22/2012, 12:31 AM
Updated 01/01/2017, 02:20 AM
USD/JPY
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MAR
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INTRA-DAY USD/JPY OUTLOOK

   Dlr's retreat after meeting renewed selling at
83.47 suggests recovery fm 83.14 suggests intra-day
downside bias remains for the selloff fm y'day's
high of 84.10 to extend marginally twds 83.02 but
reckon 82.81/86 wud contain downside.
   Abv 83.47/52 wud signal temp. low is made n
yield rebound to 83.76. Stand aside for now.

Range Forecast
83.14 / 83.47

Resistance/Support
R: 83.52 / 83.76 / 84.10
S: 83.14 / 83.02 / 82.86

Rate     
83.21     

Strategy/Entry Level
Stand aside
    
Last Update At
22 Mar 2012 04:22 GMT

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