USDJPY Forecast
The USDJPY was indecisive yesterday. The bias remains neutral in nearest term. We have an inside bar following a bullish pin bar as you can see on my daily chart below, which is a very interesting fact. A clear break above 111.55 would confirm the bullish pin bar scenario targeting 112.00 or higher. On the other hand, a clear break below 110.75 would invalidate the bullish pin bar scenario and resume the bearish run with nearest target seen around 110.00 (daily EMA 200).

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