USDJPY Forecast
The USDJPY had a bullish momentum yesterday topped at 102.59 but traded lower earlier today in Asian session hit 101.96. The bias is bearish in nearest term testing 101.15. A clear break and daily/weekly close below that area would expose 99.50 next week. Immediate resistance is seen around 102.50 which remains a good place to sell with a tight stop loss as a clear break and daily/weekly close above that area could trigger further bullish pressure next week retesting 104.00 region.


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