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30 Mar 2015
USD/JPY might test 119.90 – Vladimir Mihaylov,
FXStreet (Barcelona) - Independent Analyst, Vladimir Mihaylov, believes that the Dollar might try to push USD/JPY upwards towards 119.90.
Key Quotes
“JPY continues consolidation with some bearish tone, but Daily and H4 indicators are turning to the upside again.”
“Seems that the dollar may try to jump and test the 119.90 resistance however we need a Daily close above 120.40 to continue the upside.”
“Any drop below 120.00 if reached will lock the pair in another consolidation episode.”
Key Quotes
“JPY continues consolidation with some bearish tone, but Daily and H4 indicators are turning to the upside again.”
“Seems that the dollar may try to jump and test the 119.90 resistance however we need a Daily close above 120.40 to continue the upside.”
“Any drop below 120.00 if reached will lock the pair in another consolidation episode.”