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USDJPY Daily Forecast: September 26
Wednesday, September 26, 2012 0:41
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USDJPY Forecast
The USDJPY continued its bearish bias yesterday bottomed at 77.65. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 77.10 area. Immediate resistance remains around 78.20. A clear break above that area could lead price to neutral zone in nearest term testing 78.50 – 79.00/20 region. Potential weekly range remains between 79.70 – 77.10. Overall I still prefer a bullish scenario due to a good risk-reward scenario near the record low at 75.56.
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2012-09-26 00:30:12
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-september-26-2
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