USDJPY Forecast:

The USDJPY attempt to push higher on Friday, but failed to make a clear break above 93.75 and traded lower around 93.25 at the time I wrote this comment. This fact should keep the bearish correction scenario intact. The bias is neutral in nearest term. The main scenario should remain bullish but we need a consistent move above 93.75 to continue the bullish scenario targeting 95.50 area. Immediate support at 92.50/00 area which is the bearish correction technical target.

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