USDJPY Forecast
The USDJPY continued its bearish momentum yesterday bottomed at 100.96. The bias remains bearish in nearest term testing 100.00. Immediate resistance is seen around 101.50. A clear break above that area could lead price to neutral zone in nearest term testing 102.00 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.

usdjpyhourly

FX Instructor Forex Blog – For Traders, By Traders

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.