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By swibowo | July 4, 2012 7:21 AM GMT

Fx Instructor

USDJPY Forecast

The USDJPY didn’t make significant movement yesterday. There are no changes in my technical outlook. Price has been moving sideways between 80.00 – 79.00 since June 26 and need a clear break from the range area to see clearer direction. As long as stays below 80.00 my overall intraday bias remains to the downside.

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