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USDJPY Daily Forecast: March 09
Sunday, March 8, 2015 20:10
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USDJPY Forecast
The USDJPY had a bullish momentum last week topped at 121.27 but traded lower earlier today hit 120.60. The bias remains bullish in nearest term retesting 121.27 – 121.50 area. Immediate support is seen around 120.50. A clear break below that area could lead price to neutral zone in nearest term but any downside pullback now is normal and as long as stays inside the bullish channel I remain bullish and still prefer to buy on dips.
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-march-09-4
