USDJPY Forecast
The USDJPY had a significant bearish momentum yesterday, broke below 122.20 bottomed at 121.07. The bias is bearish in nearest term testing 120.50 – 119.50 area. Immediate resistance is seen around 122.20. A clear break back above that area could lead price to neutral zone in nearest term as direction would become unclear.

usdjpy4h

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.