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| USD/JPY Daily Forecast
Tue, November 04 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 continued its bullish momentum yesterday topped at 114.20 but traded lower earlier today struggling around 113.50. The bias remains bullish in nearest term testing 114.70 area. Immediate support is seen around 113.50. A clear break below that area could lead price to neutral zone in nearest term testing 113.00 - 112.50 but any downside pullback now is normal and overall I remain bullish. 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! | | | | | | | |