[B]Daily Recommendations on USD/JPY
28 Jan 2014[/B] [I]00:07 GMT[/I]
[B]DAILY OUTLOOK ON USD/JPY[/B] - 102.55
Although USD’s rebound from Mon’s 7-week bottom of 101.77 to 102.93 signals recent fall from Jan’s 5-yr peak at 105.45 has made a minor low,
subsequent retreat to 102.20 in NY suggests as long as 102.93 holds, decline would resume to 101.62, then 101.40.