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USDJPY Forecast
The USDJPY was indecisive yesterday but overall still able to maintain its bearish bias and now testing 77.65 strong support area. The bias remains bearish in nearest term especially if price able to make a clear break and daily close below 77.65 challenging the record low at 75.56. Immediate resistance is seen around 78.00. A clear break above that area could lead price to neutral zone in nearest term testing 78.50 but only a clear break above 79.00/20 could interrupt the current bearish intraday bias.
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