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USDJPY Daily Forecast: May 13
Sunday, May 12, 2013 21:24
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USDJPY Forecast
The USDJPY had a significant bullish momentum last week topped at 102.14 after the breakout above 99.90. The bias remains bullish in nearest term testing 102.50 – 103.00. Immediate support is seen around 101.45. A clear break below that area could lead price to neutral zone in nearest term testing 101.00 but any downside pullback now is normal and overall I remain bullish.
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-may-13-3
