USDJPY Forecast
The USDJPY attempted to push higher yesterday topped at 103.99 but whipsawed to the downside and closed lower at 103.22. As you can see on my daily chart below we have a shooting star candlestick formation suggests a potential bearish scenario. The bias is bearish in nearest term testing 102.50 – 102.00. On the upside, a clear break and daily/weekly close above 104.00 would expose 106.00/75 next week.

usdjpydaily

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