USDJPY Forecast

The USDJPY was corrected higher yesterday and keep moving higher around 84.80 at the time I wrote this comment.  The bias is bullish in nearest term testing 85.15 and the trendline resistance. Break above the trendline resistance could be a serious threat to the bearish outlook testing 85.63 but as long as price move below the trendline the major bearish scenario should remains intact. Immediate support at 84.03. Break below that area could trigger further bearish pressure testing 83.59/35.

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