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USDJPY Daily Forecast: February 12

USDJPY Daily Forecast: February 12
Tuesday, February 12th, 2013 @ 9:25 am by Setyo Wibowo

About Setyo Wibowo:

Setyo Wibowo

Living in East Java, Indonesia and holding International Relations degree, Setyo Wibowo began his forex trading career by joining Fortune Channel Investment in 2000 as a market analyst, while learning to trade forex independently on his own.

Driven by his desire to share his trading experiences and ideas, Setyo joined the FX Instructor team in 2008. Setyo Wibowo is now living in Mojokerto, East Java, Indonesia.

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USDJPY Forecast
The USDJPY regained its bullish momentum yesterday topped at 94.45. The bias is bullish in nearest term testing 95.00. Immediate support is seen around 93.85. A clear break below that area could lead price to neutral zone in nearest term testing 93.50/30 but any downside pullback now is normal and overall I remain bullish.

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