Mar 23, 2015

Forex Technical Analysis 23.03.2015 USD JPY

FXTM Online Analysis Department.



USD JPY, “US Dollar vs Japanese Yen”

As we can see at the daily chart, Yen continues falling; this descending structure may be considered as a correction towards level of 118.90 (at least). Later,

 in our opinion, the market may form another ascending structure to reach a new high at level of 122.30.

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