USDJPY Forecast
The USDJPY was indecisive last week formed a Doji on weekly chart. As you can see on my H1 chart below price is moving inside a bullish channel suggests a bullish phase but overall I remain bearish. The bias is neutral in nearest term. Immediate support is seen around 101.75. A clear break and daily close below that area could trigger further bearish pressure testing 101.15 or lower. Immediate resistance is seen around 102.50. A clear break above that area could trigger further bullish pressure testing 103.00 or higher.


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