USDJPY Daily Forecast: December 30

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By swibowo | December 30, 2013 5:21 PM EST

Fx Instructor

USDJPY Forecast

The USDJPY continued its bullish momentum last week, topped at 105.18 and hit another fresh high at 105.41 earlier today. The bias remains bullish in nearest term testing 106.00. Immediate support is seen around 105.00. A clear break below that area could lead price to neutral zone in nearest term testing 104.60 or lower, but any downside pullback now is normal and overall I remain bullish.

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