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USDJPY Forecast
The USDJPY had a bullish momentum yesterday topped at 96.11. The bias is bullish in nearest term testing 96.50 – 97.00. Immediate support is seen around 95.35 followed by 95.00. Hourly indicators are in overbought condition so any downside pullback now is normal but overall I remain bullish and still prefer to buy on dips.
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