USDJPY Forecast

The USDJPY continued its bullish momentum yesterday, slipped above 84.40 key resistance area but unable to stay consistently above that area so far. The bias remains bullish in nearest term especially if price able to move consistently above 84.40 targeting 85.00/20. Immediate support at 83.64 (yesterday’s low). Break below that area could lead us back to boring and range market and keep me in wait and see mode.

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