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USDJPY Daily Forecast: February 24
Thursday, February 23, 2017 21:10
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USDJPY Forecast
The USDJPY had a bearish momentum yesterday bottomed at 112.55. The bias is bearish in nearest term testing 112.00 – 111.70 area. Immediate resistance is seen around 113.00. A clear break above that area could lead price to neutral zone in nearest term testing 113.50 or higher but overall I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.
Source: http://fxinstructor.com/blog/usdjpy-daily-forecast-february-24-7
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