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| USD/JPY Daily Forecast
Fri, July 25 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 had a bullish momentum yesterday and now struggling around 101.80. The bias is bullish in nearest term especially if price able to make a clear break above 101.80 testing 102.30/50 area. Immediate support is seen around 101.50. A clear break back below that area could lead price to neutral zone in nearest term and keep price inside a range area between 101.80 - 100.80. My major technical outlook remains neutral. 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! | | | | | | | |