AceTraderForex Feb 4: Intra-day Market Outlook on Major USD/JPY

[B]Intra-day Recommendations Major: USD/JPY
04 Feb 2014[/B] [I]02:13 GMT[/I]

[B]INTRA-DAY OUTLOOK ON USD/JPY - 101.35 [/B]

Although US Dollar has continued to edge higher in Asia after yesterday’s sell-off to a 2-1/2 month low at 100.77 in NY, as this move looks corrective, reckon 101.44 would limit upside and daily bearishness remains for another decline later.