The USDJPY failed to continue its bearish momentum yesterday, topped at 83.65 and hit 83.90 earlier today in Asian session after made a strong break above 82.87 as you can see on my h4 chart below. The bias is bullish in nearest term testing 84.40 but unless price makes a clear break above 84.40 my medium term outlook remains neutral. Immediate support at 83.47 (current low). Break below that area could lead us to neutral zone in nearest term as direction is unclear testing 82.87.
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