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USDJPY Forecast
The USDJPY continued its bullish momentum yesterday and hit 79.20 earlier today. The bias remains bullish in nearest term testing 80.00/50. Immediate support is seen around 79.00. A clear break below that area could lead price to neutral zone in nearest term testing 78.50 but overall I still prefer a bullish scenario.
2012-10-18 12:24:37
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-october-18-3