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USDJPY Daily Forecast: April 29
Monday, April 29, 2013 0:33
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USDJPY Forecast
The USDJPY was corrected lower last week and hit 97.34 earlier today after unable to break above 99.90 key resistance area. The bias remains bearish in nearest term testing 96.70. Immediate resistance is seen around 98.30. A clear break above that area could lead price to neutral zone in nearest term testing 99.00. My major technical outlook remains bullish but as long as stays below 99.90 we might see further bearish correction.
2013-04-29 00:31:45
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-april-29-3
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