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USDJPY Daily Forecast: January 08
Wednesday, January 7, 2015 18:18
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USDJPY Forecast
The USDJPY failed to continue its bearish momentum yesterday topped at 119.63. The bias is bullish in nearest term testing 119.80. A clear break above that area could trigger further bullish scenario testing 121.00. Immediate support is seen around 118.90. A clear break below that area could lead price to neutral zone in nearest term testing 118.50 – 118.00 area. My major technical outlook remains neutral.
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-january-08-4
