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Posted January 19, 2013 3:51 (GMT) | By FX Empire Analyst - Christopher Lewis | Print | Font Size | Add a comment
The USD/JPY pair managed to eke out a bit of gains during the Friday session as we closed above the 90 handle for the first time in ages. This pair looks extremely bullish, and we believe that a run up is in the cards still. The Bank of Japan meets late in the week, and as a result we could see a bit of profit taking after their announcement, but in reality we think this is a very bullish market, and will be buying pullbacks as they come. Signs of support after a slight drop are exactly will be using to enter this market over and over.
USD/JPY Forecast January 21, 2013, Technical AnalysisThis post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.
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