USDJPY Daily Forecast

The USDJPY had a bearish momentum yesterday, bottomed at 93.27 and closed  at 93.63. The 94.60 resistance area has proved itself as an important level at this phase. The bias is bearish in nearest term but we need a consistent move below 93.50 to have potential further bearish pressure testing 92.70 area. CCI in neutral area on daily chart.