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| USD/JPY Daily Forecast
Mon, July 21 2014 | Dear Fellow Trader,
Setyo Wibowo here with the latest daily forex update from the FX Instructor Forex Blog.
If you have any questions about today's update - please reply to this email and I will be happy to help. Enjoy!
| The USDJPY was indecisive last week. The bias is neutral in nearest term. Important intraday range to be closely watched is seen between 101.80 - 100.80. As you can see on my daily chart below, price has been moving sideways since February without clear direction. My overall technical outlook remains neutral. A clear break below 100.80 would activate my bearish mode. Please click here to see the chart. |
| | I hope you enjoyed today's forex update! If you have any questions or suggestions, reply to this email - or visit me at the FX Instructor Blog.
Happy Trading! | | | | | | | |