USDJPY Forecast:

The USDJPY had another moderate bearish momentum yesterday. on Friday. On h4 chart below we still have a valid bearish channel and price convincingly traded below trendline support indicating bearish mode. The bias remains bearish in nearest term and still targeting 93.80 area. CCI just cross the -100 line up on h4 chart so watch out for potential upside rebound testing 94.85 resistance area.