USDJPY Daily Forecast: December 10

By @ibtimes on

USDJPY Forecast

The USDJPY attempted to push lower yesterday, bottomed at 83.51 but closed higher at 83.81. The bias is neutral in nearest term. On h4 chart below we have a bullish flag formation indicates potential bullish scenario especially if price breaks above the flag and 84.40 key resistance area targeting 85.00/20. Immediate support remains at 83.40. Consistent move below that area would keep direction remains unclear.

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