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| USD/JPY Daily Forecast
Tue, August 19 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 didn't make significant movement yesterday. The bias remains neutral in nearest term. Important intraday range to be closely watched remains between 102.00 - 102.70. A clear break below 102.00 could trigger further bearish pressure testing 101.50 area. On the other hand, a clear break above 102.70 could trigger further bullish pressure testing 103.00 - 103.75. Selling around 103.00 - 103.75 or buying around 100.80 with a tight stop loss is still the best strategy for me. 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! | | | | | | | |