USDJPY Forecast:

The USDJPY continued its bullish momentum on Friday, topped at 94.69 and closed at 94.54. The bias remains bullish in nearest term targeting 95.50. However CCI already in overbought area and heading down in both h4 and daily chart so watch out for potential minor downside correction. Immediate support at 93.75. As long as price stay above that area I prefer a bullish scenario at this phase.

Related Posts:

  • USDJPY Daily Forecast: February 04
  • USDJPY Daily Forecast: March 25
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  • USDJPY Daily Forecast: June 18
  • USDJPY Daily Forecast: April 02
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