USDJPY Forecast:

The USDJPY didn’t make significant movement yesterday. The bias is neutral in nearest term with expected range at 86.25 – 84.82/73 but still within a context of major bearish trend especially after price break below the minor bullish channel which could indicate the end of bullish correction at this phase. Below 84.82/73, next bearish target is seen at 83.35.

©2010 FX Instructor Forex Blog - For Traders, By Traders. All Rights Reserved.

.