The USDJPY didn’t make significant movement yesterday and now still struggling around 77.80. The bias remains neutral in nearest term. There are no changes in my technical outlook and I still prefer to have a long term perspective for this pair, seeing a buy zone above record low 75.56. Nearest bullish target remain around 79.52 followed by 81.00. A long term trading plan with proper money management is much better right now than a short term plan, looking for a big bullish reversal movement.
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