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USDJPY Daily Forecast: September 14

USDJPY Daily Forecast: September 14
Friday, September 14th, 2018 @ 4:11 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 had a bullish momentum yesterday topped at 111.99 and hit 112.07 earlier today in Asian session. The bias is bullish in nearest term especially if price able to make a clear break above 112.15 testing 112.50 – 113.00 resistance area. Immediate support is seen around 111.65. A clear break below that area could lead price to neutral zone in nearest term testing 111.00 region but as long as stay above the trend line support price is still in a valid bullish outlook.

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