USDJPY Forecast and technical analysis June 09 2014

We are in bearish mode on USDJPY currency pair

Here is the illustrations and snapshots for USDJPY Forecast and technical analysis June 09 2014

On the monthly chart of USDJPY pair we can see that the pair broke the red strong trend line but it failed to keep its momentum due to dovish act from Draghi. But the setup is still bullish.

usdjpy forecast technical analysis june 09 2014

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usdjpy forecast technical analysis daily june 09 2014

usdjpy forecast technical analysis h4 june 09 2014