USDJPY Forecast

The USDJPY was indecisive yesterday. The bias is neutral in nearest term but we are still in upside correction phase and only a movement back below 88.23 could be a serious threat to the  upside correction scenario and resume the major bearish trend testing 87.00. Immediate resistance (which is also nearest bullish target) is seen at 89.50 followed by 90.50.

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