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USDJPY Daily Forecast: January 30

USDJPY Daily Forecast: January 30
Wednesday, January 30th, 2019 @ 4:02 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 is neutral in nearest term probably with a little bearish bias testing 108.75 area. Immediate resistance is seen around 109.50. A clear break above that area could trigger further bullish pressure retesting 110.00 region which remains a good place to sell. On the downside, a clear break and daily close below 108.75 would retest 107.60 region.


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