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USDJPY Forecast
The USDJPY continued its bullish momentum yesterday and hit 80.33 earlier today. The bias remains bullish in nearest term but we need a clear break above 80.50 to continue the bullish scenario testing 81.00 or higher. Immediate support is seen around 80.10 followed by 79.80. A clear break below 79.80 could lead price to neutral zone in nearest term but overall I still prefer a bullish scenario.
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