USDJPY Forecast:

The USDJPY was technically a mess yesterday. Price slipped above the descending triangle but failed to continue bullish momentum and now back inside the triangle. This fact should keep the bearish scenario intact especially if price break below the triangle, confirms the bearish continuation testing 85.86 area. On the upside, immediate resistance remains at 88.23. Break above that area could trigger further bullish momentum testing 89.00 region.

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