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USDJPY Daily Forecast: January 06

Thursday, January 5, 2017 18:38
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Headline: Bitcoin & Blockchain Searches Exceed Trump! Blockchain Stocks Are Next!

USDJPY Forecast
The USDJPY continued its bearish momentum yesterday broke below 116.00 key support as you can see on my H1 chart below. This fact is a serious threat to the bullish scenario. The bias remains bearish in nearest term testing 114.60 area. Immediate resistance is seen around 116.00/25. A clear break above that area could lead price to neutral zone in nearest term testing 117.00 but would give the bullish scenario another chance.



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