USDJPY Forecast

The USDJPY was indecisive on Friday. There are no significant technical moves so far and my daily outlook remains the same for this pair. Overall bias remains to the upside, but still need a clear break above 84.40 to continue the bullish scenario targeting 85.00/20.On the downside, a clear break below 83.64 could trigger further bearish pressure testing 83.10 which would force me to wait a little longer before re-activate my bullish mode.

©2010 FX Instructor Forex Blog - For Traders, By Traders. All Rights Reserved.