The USDJPY was corrected higher last week and now seems ready to test 80.00 important resistance area. The bias is bullish in nearest term especially if price able to make a clear break and daily close above 80.00 testing 81.00 region and give the major bullish reversal scenario another chance after hit the record low. Immediate support is seen around 79.00. A clear break and daily close back below that area could lead price to neutral zone in nearest term as direction would become unclear.
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