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USDJPY Forecast
The USDJPY had a bearish momentum yesterday but still found a good intraday support around 78.00. The bias is neutral in nearest term. Potential daily range is seen between 79.00 – 78.00. Overall I still prefer a bullish scenario due to a good risk-reward ratio near the record low at 75.56.
2012-10-09 16:02:21
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-october-09-2