USDJPY Forecast

The USDJPY made another upside attempted yesterday, topped at 82.05 but closed lower at 81.62. On h1 chart below we can see bullish forces attempted to make three upside pressures above 81.80 but failed to make a convincing move above 81.80 suggests that the downside forces are still a live and kicking especially if price able to make a strong break below 81.30 targeting 80.90 and 80.30 support area.  Some traders looking for a bullish pullback after price hit 15 year low at 80.30, but I think that scenario would need a clear break above 83.20.

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