USDJPY currently is testing resistance area at 112.783-113.039. Intraday bias actually is neutral, but I plan to look for bearish setup within the resistance area to go short with 112.368 as target and 112.210 in extension.

Be careful if the market managed to break the resistance 113.039 because it will turn the intraday bias to bullish and possibly will push USDJPY up to 113.295-113.582.

Plan: Sell within 112.783-113.039; target at 112.368 or 112.210


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