USDJPY Forecast:

The USDJPY continued it’s bearish scenario yesterday, bottomed at 96.66 but closed a little bit higher at 94.06. On h4 chart below we still have a nice valid bearish channel indicating bearish scenario targeting 93.25 area. However CCI in oversold area and heading up on h4 chart so watch out for potential upside rebound testing 94.65 and 95.25 area.