usd jpy weekly forecast for 23 to 27 nov 2015

usd jpy this week closed at 122.75 with gain.
yen resumed its downtrend and heading towards previous lows.
 
usd jpy pair after taking support at 50 ema
resumed primary trend and might hit 128 this time ???.
 
USD JPY weekly support zones will be 121.7 and 120.
USD JPY weekly resistance zones will be 124.5 and 126.
 
yen will remain bearish and fed rate hike might
set new low for yen against US dollar.

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Updated: 21/11/2015 — 5:47 PM

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Pramod Baviskar

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