USDJPY Forecast
The USDJPY failed to continue its bullish momentum last week bottomed at 109.55 and hit 109.45 earlier today in Asian session. The bias is bearish in nearest term. As you can see on my H1 chart below, price slipped below the trend line support, which is a good place to buy with a tight stop loss as a clear break below the trend line support and 109.50 support area would retest 108.70 and 108.10 key support area. Immediate resistance is seen around 109.85. A clear break above that area could lead price to neutral zone in nearest term testing 110.25 or higher.

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