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USDJPY Daily Forecast: January 03

03 Jan, 2013 @ 04:09 am BST | By swibowo


USDJPY Forecast

The USDJPY didn’t make significant movement yesterday but overall still able to maintain its strong bullish bias and slipped above 87.00. The bias remains bullish in nearest term testing 88.00. Immediate support is seen around 86.95 followed by 86.60. A clear break below that area could lead price to neutral zone in nearest term but any downside pullback now is normal and overall I remain bullish.

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