USDJPY Forecast

The USDJPY had a bullish momentum yesterday, topped at 82.73 but quickly whipsawed to the downside and hit 81.61 earlier today in Asian session. This fact keep the bearish phase since the fall from 85.51 remains strong especially if price able to make another strong break below 81.61 still targeting 80.85. On the upside, another move back above 82.00 would lead us to neutral zone as intraday direction would become unclear testing 82.50/73 resistance area.

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