USDJPY Forecast

The USDJPY had a bearish momentum yesterday after failed to make a clear move above the triangle as you can see on my daily chart below. The bias is neutral in nearest term. We are in a critical technical point here. I still prefer a bullish scenario but would need a clear break above 83.66 and consistent move above the triangle to see further bullish scenario targeting 84.40 even 86.00. Immediate support at 83.10. Break below that area could trigger further bearish pressure testing 82.80/50 support area.

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