Intraday bias in USD/JPY remains on the downside for the moment and current fall from 85.51 is still in progress. Next target is 100% projection of 85.51 to 79.56 from 82.22 at 76.27 and then 75.98 low. On the upside, break of 79.33 is needed to signal short term bottoming. USD/JPY Mid Day Outlook

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Filed under: Action Forex Market Outlook

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