USDJPY Daily Forecast: November 15

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By swibowo | November 15, 2012 7:21 PM EST

Fx Instructor

USDJPY Forecast

The USDJPY had a bullish momentum yesterday and hit 80.93 earlier today. The bias remains bullish in nearest term testing 81.00/50 area. Immediate support is seen around 80.10/00. A clear break back below that area could lead price to neutral zone in nearest term as direction would become unclear testing 79.70/50 but overall I still prefer a bullish scenario.

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