USDJPY Forecast
The USDJPY had a bearish momentum yesterday bottomed at 107.02 and hit 106.95 earlier today in Asian session. The bearish pin bar I showed you yesterday gave a valid bearish signal. The bias remains bearish in nearest term testing 106.60 support area. Immediate resistance is seen around 107.77. A clear break above that area would invalidate the bearish pin bar scenario and resume the bullish phase targeting 108.50 region. Overall I remain neutral.

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