USDJPY Forecast
The USDJPY had a bearish momentum yesterday bottomed at 108.80 and hit 108.77 earlier today. The bias is bearish in nearest term especially if price able to make a clear break below 108.75 testing 107.60 region. Immediate resistance is seen around 109.30. A clear break above that area could lead price to neutral zone in nearest term testing 110.00 region  which remains a good place to sell with a tight stop loss as a clear break above that area would resume the bullish pin bar scenario testing 111.25 region.


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