USDJPY Daily Forecast: September 03

By IBTimes Staff Reporter | September 02 2010 11:51 PM

USDJPY Forecast:

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The USDJPY didn’t make significant movement yesterday. The bias remains neutral in nearest term and I think we are in no trade zone but still within a major bearish scenario. Potential range area at 84.82 – 83.59. Break above 84.82 could trigger further upside pressure but only a move above the trend line resistance could be a serious threat to the current bearish outlook.

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