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USDJPY Daily Forecast: February 27

Sunday, February 26, 2017 19:10
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USDJPY Forecast
The USDJPY attempted to push higher last week topped at 113.77 but closed lower at 112.12 and hit 111.91 earlier today in Asian session. The bias remains bearish in nearest term testing 111.30. A clear break and daily close below that area would expose 110.20 area. Immediate resistance is seen around 112.50. A clear break above that area could lead price to neutral zone in nearest term testing 113.00 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.



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  • Ahmed

    This week is going to be really interesting, as there is NFP ahead, so we got to be really careful with how we work out. I am extremely fortunate to have broker like OctaFX to work with, as they help me big time which is to do with their giant deposit bonus which is up to 50% and is use able too, so I really enjoy it and gives me the freedom to work with. I can do whatever I wish without any difficulty or trouble at all which keeps me relaxed.

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