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| USD/JPY Daily Forecast
Fri, October 24 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 topped at 108.34. The bias is bullish in nearest term testing 108.70. A clear break and daily/weekly close above that area could trigger further bullish scenario testing 109.25 even retesting 110.00 next week. Immediate support is seen around 107.55 followed by 107.00. A clear break below 107.00 would activate my wait and see mode as direction would become unclear. 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! | | | | | | | |