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USDJPY Daily Forecast: February 01

USDJPY Daily Forecast: February 01
Friday, February 1st, 2019 @ 5:19 am by Setyo Wibowo

About Setyo Wibowo:

Setyo Wibowo Living in East Java, Indonesia and holding International Relations degree, Setyo Wibowo began his forex trading career by joining Fortune Channel Investment in 2000 as a market analyst, while learning to trade forex independently on his own. Driven by his desire to share his trading experiences and ideas, Setyo joined the FX Instructor team in 2008. Setyo Wibowo is now living in Mojokerto, East Java, Indonesia.

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USDJPY Forecast
The USDJPY was indecisive yesterday but overall still able to maintain its short term bearish bias after failed to break above 110.00. The bias remains bearish in nearest term testing 107.60 area. Immediate resistance is seen around 109.20. A clear break above that area could lead price to neutral zone in nearest term retesting 110.00 area which remains a good place to sell.


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