USDJPY Forecast:

The USDJPY didn’t make significant movement yesterday but slipped below 88.23 support area earlier today in Asian session indicating potential further bearishness at least testing 87.35 area before targeting 84.42 in longer term. The bias remains bearish in nearest term but another upside pullback above 88.23 could lead us into neutral area in nearest term but the main scenario remains to the downside at this phase.

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