30/12/2014 USDJPY fails to hold above 120.69


dollar, Yen, USD/JPY outlook, USD/JPY technical analysis, USD/JPY Forecast, Japanese Yen, USDJPY analysis, USDJPY outlook, USDJPY technical analysis, USDJPY analysis, USDJPY forecast, USD/JPY analysis, Bank of Japan, BOJ, Kuroda, Haruhiko Kuroda, Shinzo Abe, U.S Dollar, USD, Abenomics, inflation, deflation, recession Bullish momentum was observed to slow down for the pair with candles become shorter in length for the recent candles.

dollar, Yen, USD/JPY outlook, USD/JPY technical analysis, USD/JPY Forecast, Japanese Yen, USDJPY analysis, USDJPY outlook, USDJPY technical analysis, USDJPY analysis, USDJPY forecast, USD/JPY analysis, Bank of Japan, BOJ, Kuroda, Haruhiko Kuroda, Shinzo Abe, U.S Dollar, USD, Abenomics, inflation, deflation, recession The pair continues to be resisted at Fibonacci extension 127.2% at 120.69.

dollar, Yen, USD/JPY outlook, USD/JPY technical analysis, USD/JPY Forecast, Japanese Yen, USDJPY analysis, USDJPY outlook, USDJPY technical analysis, USDJPY analysis, USDJPY forecast, USD/JPY analysis, Bank of Japan, BOJ, Kuroda, Haruhiko Kuroda, Shinzo Abe, U.S Dollar, USD, Abenomics, inflation, deflation, recession Focusing only on H1 chart, the pair is ranging between 120.69 and 120.15.

Trend Direction
S3
S2
S1
R1
R2
R3
Entry
Stop Loss
Exit
Ranging market/ Bullish in the long run119.61120.15120.69121.30

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