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USDJPY Daily Forecast: July 30

USDJPY Daily Forecast: July 30
Tuesday, July 30th, 2013 @ 7:17 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 was indecisive yesterday. The bias is neutral in nearest term but as long as stays below 99.00 I still prefer a bearish scenario at this phase with nearest target remains around 96.70. Immediate support is seen around 97.80. A clear break below that area could trigger further bearish pressure.

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