Daily Forecast – 12 June 2013 USDJPY USDJPY topped exactly at the resistance of 99.30/40 as expected but has now broken our lower support at 97.30/10. We should now see 96.28 tested & a break lower does look likely. We could then reach 95.55 but we cannot rule out a test of last week’s low of 94.99. Resistance at 97.00/10 could hold the topside with a push higher looking unlikely but if seen could see us reach 97.70/80. Above here 98.30/40 should offer a selling opportunity.
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USDJPY, Hang Seng, Nikkei 225, Kospi