USDJPY Forecast
The USDJPY attempted to push lower last week bottomed at 99.94 but whipsawed to the upside and closed higher at 101.80 and hit 102.15 earlier today. The bias is bullish in nearest term testing 102.80 which is a good place to sell with a tight stop loss. Immediate support is seen around 101.50. A clear break below that area could lead price to neutral zone in nearest term testing 101.15/00 region or lower. Overall I remain bearish.


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