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| USD/JPY Daily Forecast
Mon, November 10 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 last week, topped at 115.58 but closed lower at 114.60 and hit 114.03 earlier today. The bias is neutral in nearest term but overall I remain bullish with nearest target seen around 116.15. On the downside, only a clear break back below 113.10 could interrupt the bullish outlook and 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! | | | | | | | |