USDJPY Forecast:

The USDJPY attempted to push lower yesterday after violated the bullish channel, bottomed at 90.53 but closed higher at 90.95 and keep moving higher around 91.40 at the time I wrote this comment. Although technically this pair is little bit a mess, this fact should keep the bullish scenario intact with 91.80 – 92.20 as nearest upside target. Only a movement below 90.50 could be a serious threat to the current bullish bias testing 89.00 area.

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