USDJPY Forecast
The USDJPY didn’t make significant movement yesterday. The bias is neutral in nearest term probably with a little bearish bias testing 109.50 region. A clear break and daily close below that area could trigger further bearish pressure testing 109.00 – 108.50 area. On the upside, key resistance remains at 110.00 which is a good place to sell with a tight stop loss as a clear break above that area would expose 111.25 region.


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