USDJPY Forecast
The USDJPY was indecisive yesterday but traded lower earlier today in Asian session hit 109.73. The bias is bearish in nearest term testing 109.50 – 109.25 region. Immediate resistance is seen around 110.50. A clear break back above that area could lead price to neutral zone in nearest term testing 111.00 area but as long as stay below the trend line resistance I remain bearish and any upside pullback should be seen a a good opportunity to sell targeting 108.00 region.


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