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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