USDJPY Forecast

The USDJPY was indecisive yesterday, made a Doji on daily chart. The bias is neutral in nearest term. There are no changes in my technical outlook where price is still in a strong technical bearish bias, testing key support 76.21. A clear break below that area could trigger further bearish scenario aiming for a new record low around 75.00. Immediate resistance remains around 77.30/50. A clear break above that area could trigger further bullish pullback testing 78.50 but as long as price stays below 79.55 my overall technical bias remains bearish.

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