USDJPY Forecast

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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