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USDJPY Daily Forecast: May 15



By swibowo
15 May 2012 @ 01:53 am EDT

USDJPY Forecast

The USDJPY had another insignificant movement yesterday. There are no changes in my technical outlook and volatility remains low. 79.52/35 region remains a good place to buy with stop loss below 79.35. Immediate resistance remains around 80.23. A clear break and daily close above that area could trigger further bullish pressure testing 81.00 – 81.80.

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