USDJPY Forecast

The USDJPY didn’t make significant movement yesterday. There are no changes in my technical outlook. My nearest term bias remains bearish still testing 80.23 – 79.52 support area. On the upside, only a clear break and daily close back above 81.80 could end the current bearish correction phase. On longer term outlook, I remain bullish expecting further bullish reversal scenario after hit the record low.

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