USDJPY Forecast

The USDJPY continued its bearish momentum yesterday and now back below 82.00 support area. This fact could continue the bearish scenario since the fall from 85.51 targeting 80.85. Immediate resistance at 82.00. A clear break above that area would lead us to neutral zone in nearest term as direction would become unclear testing 82.50 but overall we are still in a bearish phase. CCI remains in negative territory suggest further downside pressure is potential.

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