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USDJPY Daily Forecast: January 11

Tuesday, January 10, 2017 21:30
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(Before It's News)

USDJPY Forecast
The USDJPY was indecisive yesterday. The bias is neutral in nearest term. The major bullish outlook remains valid, but price is still in a bearish correction phase after formed a double top formation at 118.60. Immediate support is seen around 115.50 followed by 115.00 but key support remains at 114.60 area. Immediate resistance is seen around 116.50 followed by 117.20.

usdjpy4h



Source: http://fxinstructor.com/blog/usdjpy-daily-forecast-january-11-6

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