USDJPY Forecast
The USDJPY gapped higher yesterday opened at 110.46 but closed lower at 109.74 after touched the trend line resistance as you can see on my H1 chart below. The bias is bearish in nearest term testing 109.40. A clear break and daily close below that area would expose 108.70 region. Immediate resistance is seen around the trend line resistance located around 110.35. A clear break above that area could lead price to neutral zone in nearest term testing 110.85 region (daily EMA 200).


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