USDJPY Daily Forecast: October 18 - Forex
International Business Times
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By swibowo | October 18, 2012 5:21 PM EST

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USDJPY Forecast

The USDJPY continued its bullish momentum yesterday and hit 79.20 earlier today. The bias remains bullish in nearest term testing 80.00/50. Immediate support is seen around 79.00. A clear break below that area could lead price to neutral zone in nearest term testing 78.50 but overall I still prefer a bullish scenario.

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