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USDJPY Daily Forecast: November 24

Wednesday, November 23, 2016 20:57
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USDJPY Forecast
The USDJPY continued its bullish momentum yesterday topped at 112.97. The bias is bullish in nearest term testing 113.50. Immediate support is seen around 112.35/00 area. A clear break below that area could lead price to neutral zone in nearest term testing 111.50 but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.

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