USDJPY Forecast

The USDJPY was corrected higher yesterday hit 79.69. The bias is neutral in nearest term. The bearish scenario should remain intact but a clear break and daily close above 80.00 will interrupt the bearish outlook testing 81.00 key resistance area. On the downside, a clear break and daily close back below 79.00 will keep the bearish bias remains strong testing 78.27/00 support area.

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