USDJPY Daily Forecast: December 23

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By swibowo | December 23, 2013 6:21 PM EST

Fx Instructor

USDJPY Forecast

The USDJPY continued its bullish momentum last week, hit a new high at 104.63. The bias remains bullish in nearest term testing 105.00. Immediate support is seen around 103.50. A clear break below that area could lead price to neutral zone in nearest term testing 103.00 or lower but any downside pullback now is normal and overall I remain bullish.

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