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USDJPY Daily Forecast: March 30

USDJPY Forecast
The USDJPY was indecisive yesterday. The bias is neutral in nearest term. The “hammer” Bullish Reversal Scenario remains valid and any sustained movement back above 111.30 could create a nice bullish run testing 112.00 – 113.00 region or higher. On the downside, key support remains at 110.10. A clear break below that area would cancel the “hammer” bullish reversal scenario.

usdjpydaily



This post first appeared on FX Instructor Forex Blog - For Traders, By Traders, please read the originial post: here

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USDJPY Daily Forecast: March 30

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