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USDJPY Daily Forecast: January 09

USDJPY Daily Forecast: January 09
Wednesday, January 9th, 2019 @ 5:08 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 didn’t make significant movement yesterday. The bias remains bullish in nearest term testing 110.00 region which remains a good place to sell. Immediate support is seen around 108.44 (yesterday’s low). A clear break below that area could lead price to neutral zone in nearest term testing 108.00 – 107.50 area but only a clear break below 104.70 would invalidate the bullish pin bar scenario.


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