USD/JPY Outlook

Greetings and welcome back.

Let’s pull up the USD/JPY hourly chart.

As Japan’s economic outlook looks for improved earnings and economic growth, we saw some major whip saws in JPY cross pairs in the past couple of days.

Technically speaking, it looks like the currency pair has a little more potential push downward to the 81.00 level.

It still appears the longer term trend is still bullish so once the bearish sentiment runs out, we’ll potentially see that bullish movement.

Good luck and don’t forget the C2FX Forex Trade Sheet is now offering a one month subscription to test drive our trade sheet for only $150. This special subscription is for the first 100 traders only. Your one month subscription will apply towards your annual subscription price so you only pay the difference.

Also, while we’re running our one month subscription, those who want to take their trading to the next level will receive 1 FREE month on our yearly subscription.

For more information, log onto or email