USDJPY Forecast

The USDJPY was volatile but indecisive yesterday. Overall the technical bias still more to the downside but need a clear break below 81.80 to continue the bearish scenario testing 81.30 – 80.90 support levels. On the upside, a consistent move above 82.33 would diminish the bearish bias testing 82.65 and keep my bullish outlook intact. I will stand aside from this pair for now as I see no clear direction and consistent momentum.

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