USDJPY Forecast

The USDJPY made a significant bearish movement yesterday, broke below 81.80 support level and hit 81.30. The bias is bearish in nearest term targeting 80.90 and 80.30 especially if price able to make a clear break below 81.30. On the upside, another move above 81.80 could lead us in neutral area in nearest term but overall the pressure remains to the downside.

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