USDJPY Daily Forecast: December 23

By @ibtimes on

USDJPY Forecast

The USDJPY had a significant bearish momentum earlier today in Asian session, fell below the trend line support as you can see on my h4 chart below and hit 83.06 suggests a bearish view in nearest term testing 82.80/50 support area. However my medium outlook remains neutral for this pair and price still trapped in range area of 84.40 – 82.33. Immediate resistance at 83.56 (current high). Break above that area could lead us to neutral zone in nearest term as direction would become unclear.

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