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USDJPY Daily Forecast: April 06
Sunday, April 5, 2015 18:41
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USDJPY Forecast
The USDJPY attempted to push higher last week topped at 120.35 but whipsawed to the downside and closed lower at 118.93 on Friday after a worse than expected US NFP number. The bias is bearish in nearest term testing 118.35. Immediate resistance is seen around 119.40. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear.
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-april-06-4
