USDJPY Daily Forecast: October 24 - Forex
International Business Times
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By swibowo | October 24, 2012 6:21 PM EST

Fx Instructor

USDJPY Forecast

The USDJPY bullish momentum was stopped yesterday. Price was unable to break above 80.00 and now moving sideways on hourly chart. However my overall technical bias remains bullish. Immediate support remains around 79.50 followed by 79.00. On the upside, we need a clear break and daily close above 80.00 to continue the bullish scenario testing 80.50 or higher.

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