USDJPY Forecast

The USDJPY had a significant bullish momentum yesterday after failed to break below 81.80 support area, topped at 83.11 and closed at 82.97. On h4 chart below we can see the bearish channel has been violated to the upside indicates bearish failure and potential bullish scenario targeting 84.40. Immediate support at 82.70. Break below that area could lead us to neutral zone in nearest term testing 82.33 support area.

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